Guest: Janse Rabie, AgriSA’s head of natural resources.
THE MORNING BRIEF
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The International Criminal Court (ICC) has issued arrest warrants for Israeli Prime Minister Benjamin Netanyahu and former Defence Minister Yoav Gallant for alleged “war crimes”.
Cooperative Governance and Traditional Affairs Minister Velenkosini Hlabisa says government is considering whether to declare the incidents of foodborne illnesses across the country, a National Disaster.
The Monetary Policy Committee (MPC) of the South African Reserve Bank (SARB) lowered its policy rate today by 0.25%, from 8.0% to 7.75%. The Committee’s decision was unanimous, and the cut was widely expected. Yesterday’s CPI announcement, which showed year-on-year inflation falling to a four-year low of 2.8%, meant a follow-up cut was almost guaranteed. At the same time, the SARB’s conservative approach meant anything more than 25bp was extremely unlikely.