Why the Reserve Bank’s MPC needs to be reworked
‘This country’s problem is not high inflation. Our problem is high unemployment. You do not create jobs if you have the highest interest rate in the world’ – independent economist Roelof Botha.
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Big Mac Index: Is the rand still undervalued?
The index implies that the US dollar should cost less than R9 – ‘that’s the danger of using just one product, but however you look at it, the rand is still undervalued’: Johann Els, chief economist at PSG Financial Services.