Showing posts with tag "bnp paribas"

These are the most important changes in South Africa’s new energy plan

Electricity generation in South Africa may come online at a faster pace than what we previously thought after president Cyril Ramaphosa proposed wide-ranging and urgent power reforms including a te...

June 2, 2023
tags
energy

Rand and rating firms on notice as Eskom load shedding intensifies and further wage strikes loom

Eskom has again taken centre stage at a time when South Africa can ill afford blackouts at increasing regularity, and for longer periods of the day – while strike action is also unwelcome amid grow...

May 31, 2023
tags
energy

South Africa faces a ‘frightening’ month – but it will get better: Nedbank

After this week’s CPI figures surprised towards the upside, Nedbank now forecasts that South Africa’s inflation is forecast to increase to over 7% in June. In a…

June 1, 2023
tags
banking

Here’s how much grocery shopping, petrol and electricity now costs in South Africa – compared to a year ago

Consumer prices in South Africa are skyrocketing due to a perfect storm of Covid restrictions, the Ukraine war, logistics issues and a Chinese economic slowdown.

June 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...

May 29, 2023
tags
finance