Moody’s upgrades its outlook on SA as the government focuses on fiscal stability.
Eskom’s load-shedding and global conditions are hampering growth.
Developing economies will face severe growth constraints.
Increased digital access is “critical” for the recovery of the economy
Farmers are concerned about the impact of the Ukraine war on rising input costs.
Financial institutions are ready to provide liquidity for economic growth
More than 100 000 young people to receive skills training
The CEF data shows considerable price increases in both the cost of petrol and diesel as Russia’s invasion of Ukraine continues
Economist Dawie Roodt said he anticipated a petrol price hike of at least R2, after an analyst suggested the price would surge to R40/litre.
A 25 basis point interest rate hike to 4.25% is expected for South Africa this month.
Commodities and derivatives too are heading for steep price increases.
