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Morgan Stanley sees US GDP plunging 30% in second quarter

Morgan Stanley sees US GDP plunging 30% in second quarter

23 Mar 2020 /  Simon Kennedy, Bloomberg   
Unemployment will average 12.8%.
SA’s panic-buying highlights inequalities

SA’s panic-buying highlights inequalities

22 Mar 2020 /  James Lappeman   15
The middle class is under financial pressure, but they're still in the privileged minority.
SA economy silence contrasts with drastic virus steps

SA economy silence contrasts with drastic virus steps

UPDATE
22 Mar 2020 /  Antony Sguazzin and Roxanne Henderson, Bloomberg   14
Treasury's yet to announce whether government will support affected businesses and households.
SA’s biggest rate cut in more than a decade in charts

SA’s biggest rate cut in more than a decade in charts

20 Mar 2020 /  Prinesha Naidoo, Bloomberg   
MPC sees inflation rate dropping to below 3.5%.
Rate cut not enough

Rate cut not enough

20 Mar 2020 /  Ciaran Ryan   32
Growing calls for freeze on debt repayments to ward off 'social disaster' aspect of Covid-19.
BMW shuts down Rosslyn plant for two weeks

BMW shuts down Rosslyn plant for two weeks

19 Mar 2020 /  Roy Cokayne   21
Its European factories too, as a result of Covid-19 risk and a decline in vehicle demand.
How the economy could emerge stronger from Covid-19

How the economy could emerge stronger from Covid-19

19 Mar 2020 /  Patrick Cairns   20
If South Africa doesn't waste a good crisis
The only question on South African rate cut may be ‘how much?’

The only question on South African rate cut may be ‘how much?’

18 Mar 2020 /  Prinesha Naidoo, Bloomberg   2
The key rate was last cut at consecutive meetings almost a decade ago.
How coronavirus will dominate African interest-rate decisions

How coronavirus will dominate African interest-rate decisions

17 Mar 2020 /  Prinesha Naidoo, Bloomberg   
Markets are pricing in a 50 basis-point rate cut in South Africa.
Coronavirus inflicts more pain on battered South African economy

Coronavirus inflicts more pain on battered South African economy

17 Mar 2020 /  Mike Cohen, Bloomberg   1
Stocks crash.
On full display: The fragility of the global order

On full display: The fragility of the global order

17 Mar 2020 /  Ciaran Ryan   6
Brought down by a microbe without a shot being fired.
Business: Take money from non-essential SOEs to fight Covid-19

Business: Take money from non-essential SOEs to fight Covid-19

17 Mar 2020 /  Tebogo Tshwane    9
If the spread of infection worsens, government will need to make cuts across all areas of spend.
Fed brings out big guns, investors fear the worst

Fed brings out big guns, investors fear the worst

16 Mar 2020 /  Lewis Krauskopf, Reuters   1
Federal Reserve cuts rates to near zero.
Business confidence sinks to 21-year low – survey

Business confidence sinks to 21-year low – survey

11 Mar 2020 /  Tanishaa Nadkar, Reuters   1
The timing of the Covid-19-induced global slowdown could not have been worse - RMB.
Bank of England cuts rates to 0.25% in shock move over coronavirus

Bank of England cuts rates to 0.25% in shock move over coronavirus

11 Mar 2020 /  David Milliken, Reuters   1
In first emergency move since 2008.

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