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Prospects for South Africa to end-2023

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PROSPECTS H2 2023

The adverse conditions that drove the rand to record lows in the second quarter of 2023 will likely persist through the remainder of the year, despite 0.4% growth in the first…

South Africa debt crisis threatens municipal solvency

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SOUTH AFRICA

Until recently, worsening indicators were confined to small-town and rural areas, but now, as the report highlights, the problem has spread to major metropolitan local government…

Prospects for South Africa to end-2021

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PROSPECTS H2 2021

Prospects for South Africa to end-2021.

South African polls could delay substantive reforms

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SOUTH AFRICA

Data released by Statistics South Africa last week also showed economic growth declining by 2.2% quarter-on-quarter, a reminder of the economy’s continued fragility. New President…

South Africa's Ramaphosa will struggle to reform ANC

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SOUTH AFRICA

The intervention by new President Cyril Ramaphosa's follows recent debilitating public protests and public-sector strikes. Demonstrators have demanded the resignation of embattled…

South Africa’s Ramaphosa will tout reform impetus

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SOUTH AFRICA

A week previously, new Finance Minister Tito Mboweni’s Medium-Term Budget Policy Statement (MTBPS) showed a worrying deterioration in deficit and debt ratios. However, President…

Further South African interest rate cuts are unlikely

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SOUTH AFRICA

South African inflation dynamics.