Why does this matter to me?
The past week was once again a challenging period for the global economy.
Threats of 25% tariffs on all imported cars and parts exacerbated fears of a
sharp slowdown in US and global economic activity, combined with increased
inflation expectations from tariff increases. Equity markets reversed the gains
made the previous week. Domestically, concerns about the finalisation of the
2025/26 Budget caused the Rand to weaken perceptibly on Friday. The tariff
issue internationally and the Budget issue domestically are likely to continue
dominating the scene in the coming week.