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The ongoing war between the United States and Iran has taken a turn for the worse, raising major red flags for diesel, inflation and interest rate hikes in South Africa.
Expectations over interest rate cuts in South Africa continue to be dampened by the war in the Middle East.
Economists at Nedbank believe the Reserve Bank will hold interest rates for longer than expected.
The South African Reserve Bank (SARB) Monetary Policy Committee (MPC) will meet next week for the first time in 2026 to determine the next interest rate move for the country.
South Africa’s economy is starting to turn a corner, but economists warn of risks ahead—and one policy the country needs to nail down for success.
Economists are starting to shift their expectations to an interest rate cut this month, after previously pencilling in a hold through to March 2026.
Relations between South Africa and the United States have hit a deep freeze, with economists warning that the impact will reverberate in the economy for years to come.
The South African rand is far weaker than it should be, with its fair value potentially as low as R11.30 to the US dollar.