South Africa’s monetary policy outlook has shifted sharply after successive fuel price shocks this year, raising questions about whether interest rates may need to rise again – just months after the South African Reserve Bank formally adopted its new 3% inflation target.
For consumers already under pressure from high borrowing costs and weak economic growth, the key question is whether the latest shock will force the SARB to tighten policy further in the coming months.
The clearest indication yet of how the Reserve Bank is approaching that question came in a public lecture delivered by Governor Lesetja Kganyago (pictured) at Rhodes University on 4 May, titled “Supply shocks, monetary…
Financial Sustainability: The shift to online platforms has created challenges for
traditional revenue models, leading to layoffs and closures.
Pink Hopper
Melktert – milk tart. One of South Africa’s most popular desserts consisting of a sweet pastry crust and a creamy milk filling, topped with cinnamon powder. Absolutely delicious!
Venuslion
Kiff / Kief – cool [kif]/[k-eef] Derived from the Arabic kayf, meaning enjoyment or well-being, kiff or kief is most often used to convey similar feelings of nice, cool, great.Example: “This chow is kiff my bru!”