SA faces a winter of social unrest as sustained power outages limit economic growth and job creation, amid a cost-of-living crisis and increasing political tensions ahead of next year's elections, says the Centre For Risk Analysis.
Welfare payments in one of the world’s most unequal societies will be secure despite the provisional liquidation of the South African Post Office, where many beneficiaries accessed their monthly government stipends.
The South African Reserve Bank has the freedom to adjust monetary policy without having to follow the Federal Reserve’s interest-rate hikes because the effects of the US institution’s moves feed into the exchange rate and domestic inflation, which the Reserve Bank targets, SARB governor Lesetja Kganyago said.