Reading Time: < 1 minute

Financial News

Lower fuel prices and slowing in the increase in food prices is helping keep the inflation figures lower recently.

The Rand has been doing well vs the US Dollar (based on several financial factors to do with their rates, employment and politics).

The SARB have been talking about targeting 4.5% inflation before they consider a Repo Rate cut for a very long time now. 

With the figure now officially sitting at 4.6% and with nearby countries like Namibia starting to make small cuts, things are looking promising for the first of several hoped for local Repo Rate cuts in the months ahead.