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Consumer credit rehabilitation prospects deteriorate

Consumer credit rehabilitation prospects deteriorate
17 August 2017 / Prinesha Naidoo
New index suggests the likelihood of defaulting consumers to repay debt will worsen.
Moody’s says SA’s political tensions constraining growth

Moody’s says SA’s political tensions constraining growth

UPDATE
TJ Strydom, Reuters / 16 August 2017
Ratings agency says economy will grow by 0.5% this year.
Amcu to engage in nationwide protest over jobs bloodbath

Amcu to engage in nationwide protest over jobs bloodbath

Warren Thompson / 10 August 2017
18
We are in crisis – Joseph Mathunjwa.
Business confidence climbs to five-month high in July

Business confidence climbs to five-month high in July

Mfuneko Toyana, Reuters / 8 August 2017
2
Index boosted by higher vehicle sales, lower inflation and higher share prices.
Rand poised to surge if Zuma loses secret no-confidence ballot

Rand poised to surge if Zuma loses secret no-confidence ballot

UPDATE
Lananh Nguyen and Robert Fullem, Bloomberg / 8 August 2017
12
Rand overnight volatility surges to highest since early May.
Net foreign reserves rise to $42.414bn in July

Net foreign reserves rise to $42.414bn in July

Olivia Kumwenda-Mtambo, Reuters / 7 August 2017
1
Gross reserves down to $46.746 billion.
Zweli Mkhize: Financial services must fast track transformation

Zweli Mkhize: Financial services must fast track transformation

Ray Mahlaka / 4 August 2017
8
ANC treasurer general talks transformation, policy uncertainty and economic growth.
The scary scenario for SA Inc.
Moneyweb Investor

The scary scenario for SA Inc.

Colin Anthony / 3 August 2017
The economy has never been so vulnerable to external shocks. But share prices may be resilient in carefully chosen sectors.
Remove political and policy uncertainty to grow SA economy, warns Kganyago

Remove political and policy uncertainty to grow SA economy, warns Kganyago

Ray Mahlaka / 2 August 2017
‘If we fail to restore confidence, we are going to get into all sorts of trouble.’
Interest rate cut not sign of political interference – economist

Interest rate cut not sign of political interference – economist

Ingé Lamprecht / 2 August 2017
1
Slowdown in inflation, weak growth and steady rand informed decision.
Zuma says growth will fall below 0.5%

Zuma says growth will fall below 0.5%

Ed Stoddard, Reuters / 1 August 2017
2
President says economy is in ‘duress’.
Trade surplus rises to R10.67bn in June

Trade surplus rises to R10.67bn in June

Olivia Kumwenda-Mtambo, Reuters / 31 July 2017
Exports down 0.6% to R102.14 billion.
Rate cut signals political pressure on Sarb – Moody’s

Rate cut signals political pressure on Sarb – Moody’s

Mfuneko Toyana, Reuters / 31 July 2017
2
Ratings agency says interest rate cut should support near-term growth by lowering the cost of investment.
SA’s credit growth falls to 6.16% in June

SA’s credit growth falls to 6.16% in June

Reuters / 31 July 2017
Down from 6.69% in May
Kganyago sees return to growth in Q2

Kganyago sees return to growth in Q2

Olivia Kumwenda-Mtambo, Reuters / 28 July 2017
Sarb governor believes the worst is over.

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