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S'thembile Cele

Johannesburg

Government Reporter at Bloomberg News

Politics and governance

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Articles

  • 1 day ago | bloomberg.com | S'thembile Cele

    Shoppers in Pretoria, South Africa. Photographer: Waldo Swiegers/Bloomberg(Bloomberg) -- Lowering South Africa’s inflation target would drive economic growth and international competitiveness, said the Organisation for Economic Cooperation and Development, echoing the country’s central bank. “Reduce the inflation target and consider reducing the band around it,” was one of the key recommendations in the OECD’s 2025 survey of Africa’s most industrialized economy, released Thursday in Johannesburg.

  • 1 week ago | waikatotimes.co.nz | S'thembile Cele |Ntando Thukwana

  • 1 week ago | thepost.co.nz | S'thembile Cele |Ntando Thukwana

  • 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.

  • 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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S'thembile Cele @thembile_cele
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