
South Africa’s new inflation target gets its first big test
The Reserve Bank is not ruling out more rate tightening after successive fuel price jumps have revived inflation risks.

The Reserve Bank is not ruling out more rate tightening after successive fuel price jumps have revived inflation risks.

A Middle East-driven energy surge is reshaping inflation, interest rate expectations, and portfolio positioning, with direct implications for South Africa.

An interconnected conflict environment is driving risks, with local insurers advised to review policy wording, reinsurance arrangements, and portfolio concentrations.

Businesses and travellers should review how war exclusions, sanctions clauses, and territorial limits may affect cover, says PSG.

After attacks disrupted traffic through the Strait of Hormuz, crude prices spiked sharply – raising the prospect of higher fuel costs and renewed inflation pressure locally.