The Reserve Bank’s Monetary Policy Committee (MPC) left the repo rate unchanged at 5,0%, in line with the market expectations.

While inflationary concerns appear in the main to be contained at present, further stimulus for the South African economy in terms of a rate cut would have been a welcome move

"The monetary policy stance remains accommodative and appropriate, with the real policy rate remaining slightly negative. Further accommodation at this stage is constrained by the upside risks to the inflation outlook.

Tuesday, 27 November 2012 18:27

SARB 2013 Concerns

It must have been one of the more interesting Monetary Policy Committee meetings, at which labour intruded yet more centrally, changing the playing field, with as yet to be tested consequences down the road.

The Gross Domestic Product for the third quarter is expected to come in lower than the growth seen in the second quarter, largely due to recent industrial action in the mining sector.

Wednesday, 21 November 2012 07:02

Economic Growth outlook 2013 and 2014

After the slowdown in economic growth to 2.5% this year, the Minister of Finance sees the local economy posting growth of 3% next year and 3.8% in 2014, says Luke Doig, Senior Economist, Credit Guarantee Insurance Corporation.

The performance of the SA listed property sector has been driven by the contagion effect of weak global markets as well as the continued uncertainty regarding inflation and interest rate expectations domestically

Page 5 of 5

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