Real Retail Sales growth for December 2015 continued to record an exceptionally healthy growth rate under the weak economic circumstances.

The Reserve bank (SARB) Monetary Policy Committee (MPC) decided today to hike its policy Repo Rate by a further 50 basis points to 6.75%, a move that will see Commercial Banks raise their Prime rates to 10.25%.

The SARBs Monetary Policy Committee has raised the repo rate by 50 basis points taking it to 6. 75% during its first meeting in 2016.

In December 2015, the FNB House Price Index inflation rate continued its mild year-on-year growth uptick of recent months.

2015 has seen some positive growth, but Residential Building and Fixed Investment remains low.

Real retail sales growth for September continued to record a reasonably healthy growth rate under the weak economic circumstances.

2015 could see further mild deterioration in residential and residential-related affordability, if our expectations of slightly stronger house price inflation prove true.

Redefine International announced it has received approval from the South African Reserve Bank (SARB) to inward list on the Johannesburg Stock Exchange, subject to certain conditions. 

May 2013 saw year-on-year (y/y) growth in outstanding credit balances in the South African private sector (households and the corporate sector) remaining unchanged at 9,1% from end-April.

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.