While economists anticipate a hold or an interest rate cut in July, they have not ruled out the South African Reserve Bank (SARB) changing tack in response to global market uncertainty down the line.
This could be exacerbated by the Reserve Bank chasing a lower inflation target by the end of the year, which would tilt the scales further towards hikes should inflation not match.
However, Aluma Capital chief economist, Frederick Mitchell, warned that a hiking path could push South Africa’s economy further into the doldrums and hurt…
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Lunastar
Great dynasties of history
Egypt: Ayyubid
South Africa: Zulu
China: Ming
Greece: Helena
Italy: Medici
U.S.: Duck
Taffy Duchess
Jol – party / to have fun [jo-rl] Similar to ‘kiff’ or ‘kief’, jol can be used in any context to express having a good time.Example: “I’m going to a jol tonight!” / “I’m having a jol!” / “It was such a jol!”