JOHANNESBURG, Jan 22 (Reuters) - South Africa's inflation rate rose for the second month in a row in December but by less than expected, with analysts saying the central bank was still likely to ...
The rise of global uncertainty will likely keep the rate-cutting cycle short - we expect a 25 basis-point rate cut at the end of January, and then a pause” — Yvonne Mhango, Africa economist.
South Africa’s steel production is expected to decline by 2.3% in 2024, compared to the previous year. Additionally, the country has seen a 50% rise in steel imports since 2018, while its ...