Showing posts with tag "ber"

Proposed wealth tax could push South Africans to emigrate, say economists

Economist warn that a BIG is unsustainable as it could drive the high tax paying population out of hte country.

January 31, 2023
tags
finance

Triple blow hits businesses in South Africa

As interest rates increase to curb rising inflation, coupled with fuel and load shedding, among other challenges – is putting pressure on the profit margins of small businesses in South Africa, say...

January 31, 2023
tags
business

Workers pushing for big wage hikes in South Africa

As food and fuel increases continue to bite, workers and labour unions are asking for wage hikes well above inflation to keep up with the cost of living.

February 3, 2023
tags
finance

Triple blow for South Africans this week

While many businesses and households have found ways to cope with the lower stages of load shedding, beyond stage 2, the negative impact on the economy amplifies with each additional stage, say eco...

February 2, 2023
tags
finance

South Africa cannot cope with load shedding beyond stage 2: economists

South Africa has largely adapted to stage 2 load shedding, say economists at the Bureau for Economic Research (BER), but beyond these levels, households, businesses, and the economy at large simply...

February 1, 2023
tags
trending

South Africa still 3 years away from seeing any load shedding reprieve: economists

As South Africa faces a week of extended stage 4 load shedding, there is some good news on the electricity generation front, as Eskom has announced several winning bids for independent power produc...

January 27, 2023
tags
energy

3 things that will decide South Africa’s next big interest rate hike in July

South Africa’s higher-than-expected inflation data in June points to a further interest rate hike in July, but there is still some uncertainty about how much the central bank will hike by.

January 28, 2023
tags
banking

South Africa in for more pain in the coming months: Investec

The US Federal Reserve’s decision to hike interest rates by 75bp on Thursday reinforces the likelihood of higher rate hikes in South Africa, says Investec chief economist Annabel Bishop.

February 1, 2023
tags
finance

South Africa expected to break inflation ceiling this week – as more interest rate hikes loom

South Africa’s most important economic release this week will be the consumer inflation (CPI) print by Statistics South Africa on Wednesday (22 June), say economists at the Bureau for Economic Rese...

February 3, 2023
tags
banking

Domestic flight ticket prices spike in South Africa

The liquidation of Comair is having a notable impact on South Africa’s domestic travel market in the coming months, says economists at the Bureau for Economic Research (BER).

January 26, 2023
tags
business

5 reasons why South Africa’s economy is struggling right now

South Africa faces a tough economic quarter, says the Bureau for Economic Research (BER), with low GDP momentum exacerbated by less than ideal domestic and global factors.

February 1, 2023
tags
finance

Economists predict big rate hike for South Africa this week – here’s what to expect

The South African Reserve Bank’s (SARB) Monetary Policy Committee (MPC) is set to increase the repo rate this week – with consensus among most analysts and economists that the hike will be larger t...

January 28, 2023
tags
finance