What the Experts say

SOUTH AFRICA

Professor Chris Harmse and his team have the following to say: “Economic growth is slowing, the currency is on a declining trend, inflation is increasing and interest rates are set to increase further. Though enough cause for pessimism, it also forms part of the economic rebalancing package. The end result will be a sounder economy.  …

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Efficient Research Another Record!

The JSE all share closed on a new record of 32 153.48 points yesterday – breaking the previous high recorded on Tuesday by 224.39 points.  The bourse was supported by stronger commodity prices, a slightly weaker rand as well as good results released by miners this week.  Read on

Double Digits!

StatsSA released the March consumer inflation data today, reporting inflation of above 10% in both the CPI figure, 10.6% y:y,  and CPIX figure, 10.1% y:y.   In February these figures reported y:y rises of 9.8% and 9.4%, respectively.  These double digit numbers are indicative of the escalating inflation pressure in the economy.  Read on

THE CHANGING LANDSCAPE OF INFLATION: FACTS AND FIGURES!!!!

The following article by Prof. Chris Harmse (Republished with the kind permission of Dynamic Wealth), makes interesting reading. From January 2009, South Africa will enter another new era in the measurement of inflation, and this era is likely to have a dramatic impact on South Africa’s inflation rate. This change stems from the proposed reweighting …

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Interest Rate Debate

“The stronger than expected manufacturing figures is another curve ball in the interest rate debate as it indicates that GDP growth could be less affected by the electricity crisis” says economist, Fanie Joubert.  Read more about the background surrounding this statement and “the manufacturing sector which remains more resilient than expected, especially in light of the recent power …

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