Parsing the pain at the pump

Petrol stations across the country were jam-packed on Tuesday as motorists waited in line to fill up ahead of the following day’s record increase in the petrol price. Even with the government temporarily cutting the fuel levy by R1.50 per litre, the petrol price still...

Has pessimism peaked on China?

Despite the current weakness, the outlook for China could be brighter in 2023 and the economy could rebound, albeit from a low base. Chinese growth is currently weak. The credit impulse, the 12-month change in new lending as a share of GDP, reached a low in the final...

Saving in a rising interest rate environment

The South African Reserve Bank recently announced an interest rate increase of 50 basis points to 4.75% – taking the prime lending rate to 8.25% – thereby confirming that the country is in a rising interest rate cycle. This, one of the biggest interest rate hikes in...
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