Rand Slump May Force More Aggressive SARB Action as Risks Climb The rand's decline to a record low against the dollar drove South African inflation expectations to the highest in at least 3 1/2 years and fueled speculation the central bank will act more aggressively at its policy meeting this month. The five-year ... Read more on Bloomberg Weak rand takes toll on … [Read more...] about New: Rand Slump May Force More Aggressive SARB Action as Risks Climb
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Sales growth slump dents retailer confidence
Results from the latest EY/Bureau for Economic Research (BER) Retail Survey signal a substantial deterioration in trading conditions in the retail sector during the third quarter of 2015. The majority of the retailers surveyed by the BER in all three sub-categories – durable goods, non-durable goods and semi-durable goods – reported a marked slowdown in […] … [Read more...] about Sales growth slump dents retailer confidence
