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LATEST Economy  

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Dear Treasury, in SA’s case a surplus isn’t indicative of an economy doing well

17 Nov 2021 /  Mamokgethi Molopyane
There is a danger in stubbornly pursuing a budget surplus when it is not focused on a stimulus to recharge the economy and, ultimately, the public good.

Dollar stays at one-year high; Asian stocks slide: markets wrap

17 Nov 2021 /  Andreea Papuc, Bloomberg
Gold was at $1 854.15 an ounce, up 0.2%.

Retailers can expect an uptick in sales from this year’s Black Friday

17 Nov 2021 /  Palesa Mofokeng
Thanks to an upward trend in consumer spending.

What Transaction Capital’s results tell us about the state of SA’s economy

17 Nov 2021 /  Ciaran Ryan
Used car sales are booming, and borrowers are using low interest rates to repay loans.

EM-Russian rouble, rand firm 1% as dollar retreats from highs

15 Nov 2021 /  Shashank Nayar and Susan Mathew, Reuters
The SARB is expected to hold its repo rate at 3.50%.

Stocks mixed as risks shadow steadier China growth: markets wrap

15 Nov 2021 /  Andreea Papuc, Bloomberg
Treasuries were steady and the dollar slipped.

Stocks, futures up; inflation risk saps treasuries: markets wrap

12 Nov 2021 /  Sunil Jagtiani, Bloomberg
Stocks rose along with US equity futures Friday, bringing some relief for shares from the inflation fears still roiling Treasuries.

Stocks mixed, bonds retreat amid inflation worry: markets wrap

11 Nov 2021 /  Andreea Papuc, Bloomberg
The S&P 500 dropped and the Nasdaq 100 underperformed as investors questioned the richer valuations of technology stocks.

Stocks, futures fall as China fans inflation worry: markets wrap

10 Nov 2021 /  Andreea Papuc, Bloomberg
In cryptocurrencies, Bitcoin was trading below $67 000. 
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The rate of increase in new vehicle prices is dropping

10 Nov 2021 /  Roy Cokayne
While consumers looking to trade in their old vehicles will find dealers willing to pay top dollar for quality cars.

France’s economy is back to pre-Covid levels and still growing

9 Nov 2021 /  William Horobin, Bloomberg
Aided by a strong recovery in the service sector, according to a Bank of France’s survey of businesses.
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Lesson for SA: Red flags that signal a country’s pending fiscal doom

5 Nov 2021 /  Rami Hajjar
Key learnings from Lebanon’s financial collapse.
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Who really bears the burden of the stuttering SA economy?

4 Nov 2021 /  Bryden Morton and Chris Blair
We need a plan to reduce the country’s social welfare needs, or both the rich and the poor will feel the effects.
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Taliban ban foreign currencies in Afghanistan in surprise move

3 Nov 2021 /  Eltaf Najafizada, Bloomberg 
Plan could further weigh on an economy struggling with a cash crunch amid widespread hunger.

China’s economy weakens as power crunch, Covid rules hurt

31 Oct 2021 /  Bloomberg News
While services also softened in October.
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