The Financial Sector Forum
Economic information
Inefficiency of labour market puts drag on SA
17 May. Inefficiency of labour market puts drag on SA. By Pierre Heistein. Productivity in South Africa, while a complex topic to measure and define, is generally accepted to be in bad shape. Given its rich endowments of resources and labour, South Africa’s gross domestic product (GDP) and GDP per capita are simply not at the … Continue reading
Nedbank Weekly Economic Monitor
13 May. Nedbank Weekly Economic Monitor: Review of 6 to 10 and preview of 13 to 17 May 2013. The unemployment rate rose to 25,2 % in the first quarter of this year from 24,9 % in the previous quarter. Total mining output declined in March after two months of recovery. Manufacturing production again surprised … Continue reading
Absa: SA Morning Sheet – daily economic comment
13 May. Absa: SA Morning Sheet. This is a daily economic comment … The sheets can be downloaded daily from Absa Economic Research An extract from today’s sheet is provided as an example: NUM’s wage demands at Eskom suggest the union is prepared to play hardball. We have long argued that this year’s round of wage … Continue reading
Statement by IMF on South Africa
13 May. Statement by IMF First Deputy Managing Director David Lipton at the Conclusion of his Visit to South Africa. David Lipton, First Deputy Managing Director of the International Monetary Fund (IMF), issued the following statement today in Cape Town: “It has been a great pleasure for me to make my first visit to South … Continue reading
‘Unbeatable’ growth path to lift Africa
08 May. ‘Unbeatable’ growth path to lift Africa, says Gordhan. Africa is on a “potentially unbeatable” growth and development path for the next two decades, and will increasingly attract global investment, says Finance Minister Pravin Gordhan. Co-operation among Africa’s 54 states would be crucial in boosting the region’s overall annual growth rate to the 7% … Continue reading
Nedbank Weekly Economic Monitor
27 Nov. Nedbank Weekly Economic Monitor: Review of 19 to 23 November and preview of 26 to 30 November 2012. As expected, the Reserve Bank’s Monetary Policy Committee (MPC) left the repo rate unchanged at 5,0%. The rand remained weak, trading at around the psychologically important R9 level against the dollar. Consumer inflation rose to … Continue reading
Nedbank Weekly Economic Monitor
20 Nov. Nedbank Weekly Economic Monitor: Review of 12 to 16 November and preview of 19 to 23 November 2012. The rand weakened sharply on heightened risk aversion last week, falling to its lowest level since April 2009 against the US dollar. Retail sales growth moderated in line with expectations in September, slowing to 4,3% … Continue reading
Absa: SA Morning Sheet – daily economic comment
19 Nov. Absa: SA Morning Sheet. This is a daily economic comment … The sheets can be downloaded daily from Absa Economic Research An extract from today’s sheet is provided as an example: This week CPI for October is released on Wednesday, followed by the Central Bank’s interest rate decision on Thursday. We expect CPI to … Continue reading
Nedbank Weekly Economic Monitor
12 Nov. Nedbank Weekly Economic Monitor: Review of 5 to 9 November and preview of 12 to 16 November 2012. September mining production contracted by 8,3% y-o-y reflecting the effect of strikes in the sector during that month. Manufacturing output fell by a seasonally adjusted 2,3% m-o-m and 1,1% y-o-y in September. The international liquidity … Continue reading
Nedbank Weekly Economic Monitor
07 Nov. Nedbank Weekly Economic Monitor: Review of 29 October to 2 November and preview of 5 to 9 November 2012. • The trade deficit widened to R13,8 billion in September from R12,2 billion in August. • The unemployment rate rose to 25,5% in the third quarter from 24,9%. • Vehicle sales growth rebounded in … Continue reading
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