SARB to Reduce Interest Rates Amid Declining Inflation, Influenced by US Fed
September 19 2024
0
The South African Reserve Bank (SARB) is expected to cut interest rates following positive inflation data and the US Federal Reserve's recent aggressive rate reduction. Economists predict a cautious 25 basis point cut. Recent data shows inflation cooled to 4.4% in August, the lowest since April 2021, making it the first SARB rate cut in four years, easing consumer burdens.
read more
Economic Challenges and Policy Missteps: Tinubu's First Year in Office Critiqued by Analysts
May 29 2024
0
Eze Onyekpere, the Lead Director of the Centre for Social Justice, has deemed President Bola Ahmed Tinubu’s first year in office a failure. He criticized the implementation of key economic policies, including the fuel subsidy removal and naira harmonization, which have led to significant economic hardship. Onyekpere urges the President to dismiss ineffective ministers to improve the situation.
read more