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Food for Thought

Property market showing signs of recovery
Following a period of subdued activity, especially for the value of new home loans granted, South Africa’s property market may be on the...
Dr. Roelof Botha
Apr 11, 20242 min read
23

Gold price in record-breaking mood
March witnessed a relentless rise in the gold price, with the precious metal breaking new records on a regular basis to reach an all-time...
Dr. Roelof Botha
Apr 4, 20242 min read
11

Inflation remains stubborn, but below 6%
February’s reading for the consumer price index (CPI) was disappointing, with the pace of retreat since mid-2023 having been halted. The...
Dr. Roelof Botha
Mar 28, 20242 min read
102

Budget 2024/25 - Forex reserves to the rescue!
The 2024/25 national budget will mainly be remembered for its novel utilisation of a portion of South Africa’s gold and foreign exchange...
Dr. Roelof Botha
Feb 22, 20243 min read
78

Manufacturing sales hit new record in 2023
South Africa’s manufacturing sector ended 2023 on a high note, with the 4th quarter recording a sales figure of R876 billion,...
Dr. Roelof Botha
Feb 15, 20242 min read
18

Foreign direct investment in good nick
Over the 12 months ended September 2023, gross foreign direct investment (FDI) inflows on the South African balance of payments achieved...
Dr. Roelof Botha
Feb 8, 20242 min read
16

Stellar tourism growth in 2023
South Africa’s tourism industry is well on its way to a full recovery, with the number of overseas travellers in 2023 breaching the...
Dr. Roelof Botha
Feb 1, 20242 min read
14

Inflation firmly under control again
Following a consistent and fairly sharp downward trend in the consumer price index (CPI) since the third quarter of 2023, the pace of...
Dr. Roelof Botha
Jan 25, 20242 min read
22

Bright start to the New Year
Despite being greeted by a return to electricity rationing, January has witnessed a number of positive trends in key economic data sets,...
Dr. Roelof Botha
Jan 18, 20242 min read
18

Construction activity returns to growth mode
Despite disappointing 3rd quarter GDP data, South Africa’s construction sector seems to have turned the corner and is heading for...
Dr. Roelof Botha
Dec 7, 20232 min read
8

Wholesale sector remains vibrant
Despite a slight speed wobble during September, South Africa’s wholesale sector is bound to break sales records during the last quarter...
Dr. Roelof Botha
Nov 30, 20231 min read
13

Inflation - The worst may be over
This week’s release of the October consumer price index (CPI) brought some bad news, with the annualised rate of consumer inflation...
Dr. Roelof Botha
Nov 23, 20232 min read
16

Strong growth in vehicle exports
South Africa’s motor vehicle industry is going from strength to strength, especially regarding its significant contribution to foreign...
Dr. Roelof Botha
Nov 9, 20232 min read
15

Fiscal position remains on even keel
Now that all the speculation over the annual mini-budget has been replaced by the hard facts of South Africa’s public finances, it seems...
Dr. Roelof Botha
Nov 2, 20232 min read
13

Inflation remains within SARB’s target range
Although inflation, as measured by the consumer price index (CPI) increased marginally from 4.8% to 5.4% in September, there should be no...
Dr. Roelof Botha
Oct 19, 20232 min read
15

Exports remain robust, despite commodity price slump
Trade data for the first eight months of 2023 has revealed the pressure that South Africa’s mining sector is experiencing, with the...
Dr. Roelof Botha
Oct 12, 20232 min read
11

Welcome increase in two benchmark PMIs
In August, South Africa’s Purchasing Managers’ Index (PMI), compiled by S&P Global, rose to above the neutral level of 50 for the first...
Dr. Roelof Botha
Sep 28, 20232 min read
16

G-21 Promises Opportunities For Africa
Apart from the continued warfare in Ukraine, two of the stand-out geopolitical events in 2023 have been the broadening of the membership...
Dr. Roelof Botha
Sep 21, 20233 min read
11

Stellar improvement in construction activity
The resilience of the South African economy during the second quarter of the year has been showcased by the construction sector, with...
Dr. Roelof Botha
Sep 14, 20232 min read
14

GDP forges ahead in 2nd quarter
The resilience of the South African economy was proven yet again by the positive news on the country’s economic growth rate for the 2nd...
Dr. Roelof Botha
Sep 7, 20232 min read
14
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