Kaya 959 Kaya Biz

Expect a big interest rate hike this week: economists.

Loading player...
South African businesses and consumers should plan for a big interest rate hike this week – with more to come in the months ahead, economists warn.

The South African Reserve Bank’s monetary policy committee is set to meet this week, with analysts still waiting for Statistics South Africa to publish its June inflation numbers on Wednesday (20 July) before making a final forecast on how much rates will increase by.

Predictions from Finder’s panel of 26 economists point to a 50 basis point hike being the most likely, with the majority (88%) of experts pencilling this in.
19 Jul 2022 4AM English South Africa Business News · Investing

Other recent episodes

PPS Delivers R6.88bn in Profit‑Share

PPS Group CEO Izak Smit unpacks a second consecutive record year, with R6.88bn allocated to members and R6.67bn paid in claims. He explains the strength of the mutual model.
22 Apr 4PM 16 min

Capitec’s R16.8bn Year

Capitec CEO Graham Lee discusses the bank’s 23% earnings surge, its diversified business model, and the rapid rise of digital payments.
22 Apr 4PM 14 min

Inflation Through the Eyes of the Consumer

Eighty20 Director Andrew Fulton translates the CPI numbers into real‑world household pressure. From meat‑led food inflation to the looming oil shock, he explores which consumers are most exposed and how spending behaviour is shifting.
22 Apr 4PM 9 min

SA’s Draft AI Policy: The Cost of Getting It Wrong

Free SA spokesperson Gideon Joubert discusses the organization's concerns about South Africa’s Draft National AI Policy—including expanded bureaucracy, duplicated institutions, and barriers for startups.
21 Apr 4PM 5 min
All episodes