Kopano Gumbi

Johannesburg

Economics Correspondent at Reuters

🇿🇦 African. Journalist. Economics Correspondent for Southern Africa @Reuters. Alum @columbiajourn. Part of the solution. 📧 [email protected]

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Articles

SA investors face global growth storm clouds after choppy politics

1 week ago | timeslive.co.za | Colleen Goko |Kopano Gumbi

ANALYSIS SA investors face global growth storm clouds after choppy politics Nation drew R52.67bn in fixed-income inflows between December and March 17 April 2025 - 15:16 By Colleen Goko and Kopano Gumbi Investors have flocked to South Africa's domestic bond markets, betting the country can stay the course on reforms despite political fractures, but tariff threats and the prospect of a global growth slowdown are casting a long shadow...
South Africa's central bank says scope for policy easing has narrowed

1 week ago | zawya.com | Kopano Gumbi

JOHANNESBURG: South Africa's central bank said on Tuesday that the scope for monetary policy easing had narrowed because of the highly uncertain global backdrop. In a biannual review of its monetary policy, the South African Reserve Bank (SARB) said the global trade war started by U.S. President Donald Trump was a serious threat to global economic activity, with spillovers expected for South Africa.
Small businesses on edge as VAT hike looms

1 week ago | businesslive.co.za | Kopano Gumbi |Sisipho Skweyiya

For local beverage company owner Ndumiso Madlala, the impending VAT hike could spell trouble for his small-scale alcoholic ginger beer and nonalcoholic drinks manufacturing business. SA’s National Treasury plans to raise VAT by 1-percentage point over two years from May 1, as part of measures to bolster government revenue. Currently, VAT is set at 15%.
南ア中銀、政策金利据え置き関税や予算巡るリスクを考慮

1 month ago | jp.reuters.com | Sfundo Parakozov |Kopano Gumbi |Alexander Winning

南アフリカ準備銀行（ＳＡＲＢ、中央銀行）の金融政策委員会（ＭＰＣ）は２０日、政策金利のレポ金利を７．５０％に据え置くことを決定した。２０２２年１１月撮影（２０２５年ロイター/Siphiwe Sibeko）［プレトリア２０日ロイター］ - 南アフリカ準備銀行（ＳＡＲＢ、中央銀行）の金融政策委員会（ＭＰＣ）は２０日、政策金利のレポ金利(ZAREPO=ECI), opens new tabを７．５０％に据え置くことを決定した。前回まで３回連続で利下げを決定していた。ロイターがまとめた市場予想と一致した。インフレは抑制されているものの、米政権の関税措置や、南アの予算を巡るこう着状況などに起因するリスクを見極める必要があるとして、利下げサイクルを一時停止した。４人の政策委員が据え置きを支持し、２人は２５ベーシスポイント（ｂｐ）の引き下げを主張した。クガニャゴ総裁は記者会見で「世界経済は安定していない。国内にも不透明感があり、慎重なアプローチが必要だ」と述べた。...
South Africa pauses rate cuts as trade and budget risks overshadow low inflation

1 month ago | streetinsider.com | Sfundo Parakozov |Kopano Gumbi |Alexander Winning

1. FIVE2. ORCL3. NVDA4. WSM5. PDD6. SPY7. DRI8. GIS9. PRA10. OPTN Tweet Share E-mail0 shares FILE PHOTO: The logo of South Africa's central reserve bank is seen during the delivery of a keynote address by South Africa's central bank governor, Lesetja Kganyago, at the University of the Witwatersrand in Johannesburg, South Africa, November 1, 2022.
South Africa Pauses Rate Cuts as Trade and Budget Risks Overshadow Low Inflation

1 month ago | money.usnews.com | Sfundo Parakozov |Kopano Gumbi

By Sfundo Parakozov and Kopano GumbiPRETORIA (Reuters) - South Africa's central bank paused its rate-cutting cycle on Thursday as risks stemming from U.S. President Donald Trump's global trade war and the country's deadlocked national budget overshadowed its success keeping inflation low.
US delays $2.6bn climate finance package to South Africa, Bloomberg News reports

1 month ago | bizcommunity.com | Kopano Gumbi |Andy Bruce

2 days7 days30 daysBy Industry Show moreAdvertise your job vacancies The United States is delaying the disbursement of $2.6bn in climate finance to South Africa, raising concerns the funds could be withheld entirely, Bloomberg News reported on Thursday, citing people familiar with the situation.
Explainer-What's Next for South Africa's Budget and Planned VAT Hike?

1 month ago | money.usnews.com | Kopano Gumbi

By Kopano GumbiJOHANNESBURG (Reuters) - South Africa's lawmakers will scrutinise the 2025 budget in the coming weeks, with amendments not ruled out as political parties weigh up a contentious plan to raise value-added tax. WHAT HAS HAPPENED SO FAR? Finance Minister Enoch Godongwana tabled a revised budget on March 12 that was rejected by most big parliamentary parties despite a reduction in the size of the proposed VAT hike from 2 percentage points to 1 point, spread over two years.
Explainer-What's next for South Africa's budget and planned VAT hike?

1 month ago | streetinsider.com | Kopano Gumbi

1. SPY2. NVDA3. GOOGL4. WMT5. MPWR6. SMTC7. TTD8. CCI9. TSLA10. AFRM Tweet Share E-mail0 shares South Africa's Finance Minister Enoch Godongwana delivers his 2025 budget speech in Cape Town, South Africa, March 12, 2025. REUTERS/Esa Alexander/File Photo By Kopano Gumbi JOHANNESBURG (Reuters) - South Africa's lawmakers will scrutinise the 2025 budget in the coming weeks, with amendments not ruled out as political parties weigh up a contentious plan to raise value-added tax.
South African inflation forecast falls further in key survey

1 month ago | zawya.com | Kopano Gumbi

The average inflation forecast for 2025 in a closely watched survey commissioned by the central bank fell further in the first quarter of this year, dropping below the level the bank aims for. The Bureau for Economic Research (BER) said its survey found analysts, business people and trade union officials now expect inflation of 4.3% in 2025, down from 4.5% in the previous survey. The South African Reserve Bank tries to keep inflation near 4.5%, the midpoint of its 3%-6% target band.