The South African Reserve Bank is expected to announce its latest decision on the repo rate on Thursday. With inflation currently at a subdued 2.7%, some economists are calling for a rate cut to stimulate growth. 

However, others caution that global economic uncertainties and domestic structural challenges may justify maintaining the current rate. Peter Ndoro spoke to Frank Blackmore, Head Economist at KPMG South Africa.

The South African Reserve Bank is expected to announce its latest decision on the repo rate on Thursday. With inflation currently at a subdued 2.7%, some economists are calling for a rate cut to stimulate growth.&nbsp;
However, others caution that global economic uncertainties and domestic structural challenges may justify maintaining the current rate. Peter Ndoro spoke to Frank Blackmore, Head Economist at KPMG South Africa.

Africa Rise & Shine

Rise & Shine

SA Reserve Bank expected to announce latest decision on repo rate

South Africa has announced plans to withdraw its troops from the United Nations Stabilisation Mission in the Democratic Republic of Congo, with President Cyril Ramaphosa informing UN Secretary-General António Guterres, that the move is aimed at realigning South African National Defence Force resources after nearly three decades of peacekeeping involvement.

South Africa currently contributes more than seven-thousand soldiers to MONUSCO, a mission established in 1999 to support stability and protect civilians in the conflict-affected DRC, with the withdrawal expected to be completed before the end of 2026.

For analysis on the security and operational implications is defence analyst Ricardo Texeira.

South Africa has announced plans to withdraw its troops from the United Nations Stabilisation Mission in the Democratic Republic of Congo, with President Cyril Ramaphosa informing UN Secretary-General Ant&oacute;nio Guterres, that the move is aimed at realigning South African National Defence Force resources after nearly three decades of peacekeeping involvement.
South Africa currently contributes more than seven-thousand soldiers to MONUSCO, a mission established in 1999 to support stability and protect civilians in the conflict-affected DRC, with the withdrawal expected to be completed before the end of 2026.
For analysis on the security and operational implications is defence analyst Ricardo Texeira.

South Africa to Withdraw Troops From UN Mission in DR Congo by 2026

Over one hundred and 50 million US  Dollars, has been paid to former mineworkers or their beneficiaries across southern Africa who developed life-long illnesses in the historic Silicosis and TB Settlement Agreement.

The Tshiamiso Trust, the trust that is administering  these funds, has announced  that it has officially reached the halfway mark in administering compensation to eligible claimants, shortly after crossing the midpoint of its 12-year legislative lifecycle in December.

Thuto Ngobeni compiled this report....

Over one hundred and 50 million US &nbsp;Dollars, has been paid to former mineworkers or their beneficiaries across southern Africa who developed life-long illnesses in the historic Silicosis and TB Settlement Agreement.
The Tshiamiso Trust, the trust that is administering &nbsp;these funds, has announced &nbsp;that it has officially reached the halfway mark in administering compensation to eligible claimants, shortly after crossing the midpoint of its 12-year legislative lifecycle in December.
Thuto Ngobeni compiled this report....

Southern African Mineworkers Receive Major Payouts Under Historic Health Settlement

The Motor Industry Staff Association, MISA, has welcomed a newly signed trade agreement between South Africa and China, saying it could unlock investment and job opportunities in the motor sector.

The China-Africa Economic Partnership Agreement, signed by Trade and Industry Minister Parks Tau and China's Minister of Commerce, grants South Africa tariff-free access to the Chinese market with no product or quota limits.

MISA says the deal could strengthen local manufacturing and expand employment as Chinese automotive brands deepen their presence in the country.

Peter Ndoro spoke to Phakamile Hlubi-Majola, Spokesperson for MISA, for more on this....

The Motor Industry Staff Association, MISA, has welcomed a newly signed trade agreement between South Africa and China, saying it could unlock investment and job opportunities in the motor sector.
The China-Africa Economic Partnership Agreement, signed by Trade and Industry Minister Parks Tau and China's Minister of Commerce, grants South Africa tariff-free access to the Chinese market with no product or quota limits.
MISA says the deal could strengthen local manufacturing and expand employment as Chinese automotive brands deepen their presence in the country.
Peter Ndoro spoke to Phakamile Hlubi-Majola, Spokesperson for MISA, for more on this....

SA Reserve Bank expected to announce latest decision on repo rate

In 1 playlist(s)

Rise & Shine

Social links

Recent clips