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Economic update

Recent analysis of financial data shows what is important to the consumer At present, gross domestic product, or GDP, is one of the most important measures of South Africa’s economic health. GDP numbers are used to determine whether we are in a recession or an expansion (a growing economy). When the GDP is growing, a country…

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Inflation, tax and your investment

Interest rates remained unchanged A number of factors and results contributed to the Reserve Bank leaving interest rates unchanged. Unemployment rates play a big role in these decisions, as does food prices. We have seen that the inflation on food prices has increased by 11.8% in the last year. House prices have also increased dramatically…

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