Articles about
Interest rates

Nothing short of decisive action will do.

He who is not prepared today, will be less so tomorrow – Ovid

The same, but on steroids.

“When written in Chinese, the word ‘crisis’ is composed of two characters. One represents danger and the other represents opportunity.” – John F. Kennedy


An assessment of current economic conditions and global and local outlook for 2023.

A challenging balance between inflation and growth.

In the short run, the market is a voting machine, but in the long run, it is a weighing machine.

A look at rising inflation and interest rates and the tough decisions central banks need to make as remedy.

Central bank action has had a profound effect on risk sentiment, we take a look at how global bond markets have responded.

Taking money offshore may be popular, but, at present, South African opportunities are still more attractive.

Are long-term investors positioned for the future?

Good intentions and a renewed commitment to growth are not enough to make government's financial position sustainable

“Battles are never the end of the war” – former US President James Garfield

What did this programme really achieve?

“A promise is a cloud; fulfilment is the rain.” – Arab Proverb

But depressed growth and further Eskom support weigh heavily on government

The economic cost of rent seeking

“Invest for the long haul. Don’t get too greedy and don’t get too scared.” – Shelby M.C. Davis

Government’s management of the power crisis will be telling of its broader capacity for reform

Tighter financial conditions are the greatest near-term threat to global growth

But after riding the wave of optimism, we are now cautious of South African bonds at current levels

Renewed optimism and contained inflation could benefit government bonds