Interest rates: the Sarb will not bow to political pressure
A 200 basis point cut in the repo rate will lead to the rand plunging by between 12% and 15%, putting upward pressure on inflation through more expensive imports.
Monetary Policy
South African banks are not the culprits as portrayed
The banking sector is one of the few pillars standing in a country that is effectively under business rescue after imploding from state capture.
Risks of global stocks are high – is a fallout looming?
Soaring global equities should be seen in the context of the business cycle.
Nigeria – Monetary policy instruments left unchanged
The first Monetary Policy Committee (MPC) meeting led by the new governor, Godwin Emefiele, was held on July 22. As at the May MPC meeting of the Central Bank of Nigeria (CBN), all […]
Namibia – Central bank keeps repo rate steady
The Bank of Namibia’s (BoN, the central bank) Monetary Policy Committee (MPC) held its latest meeting on April 16. The BoN decided to keep the repo rate unchanged at 5.5%. In justifying its […]
