Creator
Enzokuhle Sabela is a junior financial journalist covering economics, business and politics. He holds a bachelor of journalism degree from the Durban University of Technology, as well as an honours degree in journalism from Stellenbosch University. His work has appeared in the Mail & Guardian as an opinion writer. He covered breaking news and the economy at Bloomberg.
A less communicative Federal Reserve under chair Kevin Warsh isn’t all bad news for emerging markets
Predictions for further rate hikes are all over the show after the Reserve Bank’s surprise pause
Consumer inflation hit a two-year high of 5% in June, firming bets on a SARB rate hike at Thursday’s MPC meeting
While retailers are keen to tout the success of on-demand delivery services, they’re reticent on details of driver legality and employment precarity
Oil-shock inflation expectations have jumped even as fuel prices ease, putting the SARB’s July rate call on a knife edge
May’s 4.5% inflation print keeps a July rate hike possible, but easing oil prices and an Iran deal may give the SARB room to pause
First-quarter GDP beat expectations at 0.5%, but household consumption fell to a two-year low, signalling economic headwinds amid rising rates.
The SARB hiked 25bps to 7% but debated 50 – and its revised inflation and oil assumptions mean a July increase is already on the table
South African inflation hit a 20-month high of 4% in April. The fuel surge from the Iran war has shifted the rates conversation to possible hikes
March’s economic data provides a sense of things looking up. It belies the actual state of the manufacturing sector
The first-quarter jobs print was worse than forecast. Economists say the Iran war’s full impact on the labour market is yet to be seen
Treasury’s fuel-price relief ends in July, and if the Iran war drags on, the prime interest rate could surge above 11.5%
March CPI rose to 3.1%, within the SARB’s 3% target band, but the Iran conflict’s oil price shock is set to push April inflation sharply higher
The Iranian oil shock is reversing South Africa’s modest recovery, exposing structural weaknesses in energy, investment and household spending
