Global Investing

South Africa may need pre-emptive rate strike

July 17, 2013

Should South Africa’s central bank — the SARB – strike first with an interest rate hike before being forced into it?  Gill Marcus and her team started their two-day policy meeting today and no doubt have been keeping an eye on happenings in Turkey, a place where a pre-emptive rate hike (instead of blowing billions of dollars in reserves) might have saved the day.

Risks loom for South Africa’s bond rally

July 23, 2012

Investors are wondering how much longer the rally in South Africa’s local bond markets will last.