Ntando Thukwana
Financial Journalist at Bloomberg News
financial journo for @business/@BloombergAfrica | hopeless tea guzzler | RT ≠ endorsement
Articles
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1 week ago |
waikatotimes.co.nz | S'thembile Cele |Ntando Thukwana
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1 week ago |
thepost.co.nz | S'thembile Cele |Ntando Thukwana
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1 week ago |
bloomberg.com | Ntando Thukwana
An outdoor food market in Pretoria, South Africa. (Bloomberg) -- South African central bankers threw their weight firmly behind lowering their long-standing 3% to 6% inflation target, which is currently under review. The nation’s bonds rallied. Governor Lesetja Kganyago said technical work on the review is at an advanced stage and “now that inflation has slowed, we have a chance to lock in lower inflation at low cost.”The bank’s current targeting framework has not been altered in 25 years.
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1 week ago |
bloomberg.com | Ntando Thukwana |S'thembile Cele
Lesetja Kganyago(Bloomberg) -- South Africa’s central bank resumed its easing cycle to offer support to a stuttering economy, as it forecast a more benign inflation outlook. The monetary policy committee cut the benchmark interest rate by 25 basis points to 7.25%, the lowest in more than two years, Governor Lesetja Kganyago told reporters at a briefing north of Johannesburg on Thursday. That matched the median estimate of 21 economists in a Bloomberg survey.
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1 week ago |
bloomberg.com | S'thembile Cele |Ntando Thukwana
A gas station in the Alberton district of Johannesburg(Bloomberg) -- South Africa’s leftist Economic Freedom Fighters filed court papers in a bid to halt a proposed increase in fuel levies, the latest twist in a months-long tussle over the annual budget. The higher levies was proposed last week by Finance Minister Enoch Godongwana in his third attempt to present a taxation and spending plan that can win support from lawmakers.
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South Africa’s central bank Governor Lesetja Kganyago said that lower oil prices have helped drive inflation in the country to a multiyear low and would probably continue to do so https://t.co/JL2YnvjV1H via @economics
South Africa’s Ramaphosa, Trump Discussed Relations, Ukraine War https://t.co/VjEjF28Eeg
RT @AntonySguazzin: A South African DFI is considering taking a majority stake in the local unit of ArcelorMittal SA as it tries to halt th…
