Africa Economics Update What is economic cost of South Africa’s mining unrest? It is still too early to calculate the full economic impact of labour unrest in South Africa, but our initial estimates suggest that it could knock around 1.5%-pts off GDP in the second half of 2012. 4th October 2012 · 1 min read
Africa Economics Update South African manufacturing continues to struggle On the face of it, South Africa’s manufacturing PMI for September appears consistent with a contraction in GDP in Q3. And while we would be hesitant to read too much into one month’s figures, the... 1st October 2012 · 1 min read
Africa Chart Pack Growth holding up amid global headwinds The economies of sub-Saharan Africa have so far proved resilient in the face of mounting global headwinds. Q2 GDP data released over the past month have shown a pick-up in growth in several of the... 26th September 2012 · 1 min read
Africa Economics Update South African rate cut still possible in November Although the South African Reserve Bank (SARB) kept its benchmark repo rate on hold at 5.00% today, we think that rate cuts could be back on the agenda as early as November this year. 20th September 2012 · 1 min read
Africa Economics Update Widening current account deficit adds to concerns in S. Africa The recent sharp widening of South Africa’s current account deficit adds to mounting concerns over the direction of the economy and is another reason to expect the rand to weaken over the next six... 19th September 2012 · 1 min read
Africa Economics Update Positive medium-term outlook despite risks The ongoing unrest in South Africa’s mining sector has led many to question the medium-term economic outlook for sub-Saharan Africa (SSA), but we still believe the region has huge growth potential. In... 13th September 2012 · 1 min read
Africa Economics Update No quick fix for South Africa's mining sector The structural problems in South Africa’s mining sector have been brought starkly into focus by the ongoing bout of labour unrest. Although it is difficult to predict to how events will pan out from... 10th September 2012 · 1 min read
Africa Economics Focus South Africa set to remain a regional underperformer Recent events in South Africa’s mining sector, while tragic, are also symptomatic of wider economic problems that are likely to mean the country falls short of achieving its significant growth... 6th September 2012 · 1 min read
Commodities Update Will the rebound in the platinum price be sustained? South African labour disputes have caused platinum prices to rebound. We think that weak demand will cause prices to fall back by around 10% before the end of this year. However, recent events have... 29th August 2012 · 1 min read
