South Africa's inflation rate has slowed to 5.1% year-on-year in June from 5.4 percent in May, according to data released by Statistics South Africa on Wednesday.
This is within the 3% to 6% target set by the South African Reserve Bank (Sarb).
Despite this, says FNB Economist Mamello Matinkica, the Sarb will not cut rates.
Risks to the rand remain high
Monetary policy tightening in developed markets
Long-term inflation remains high
Wages and salaries could surprise on the upside
- Core inflation has not dropped significantly
The Money Show’s Bruce Whitfield interviewed Matinkica.
For more detail; listen to the interview in the audio below.
Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.
Recommendedby NEWSROOM AI
Get a free credit report, then follow these five tips and see by how much you can improve your credit record.
Financial advisor Warren Ingram rubbishes some popular, yet blatantly untrue ideas that are keeping people from growing wealthy.
Bruce Whitfield interviews Aurik Business Accelerator founder Pavlo Phitidis for his weekly small business feature.
Smuggled out of Germany in the 1930s, then forgotten in Joburg. Bruce Whitfield interviews fine art specialist Luke Crossley.
Rich. Wealthy. Financially free... Call it what you will; the first million is how you get there. Warren Ingram on his book...
In the first episode of Solutionist Thinking with RMB, Bruce Whitfield speaks with author, businessman and trailblazer Reuel Khoza.
Johannesburg father, Chris says he had just come back from work when he walked in on an employee raping his 17 year old daughter.
Pan Africanist Congress's Narius Moloto explains why it supports the name Azania, a word which he says has Arabic origins.
A trending Twitter debate has left social media users arguing over whether Winnie the Pooh is a girl or boy.
Marli van Breda's ex took the stand in the trial of triple murder accused Henri van Breda.
Bruce Whitfield interviews Forbes Africa's Chris Bishop to find out more about this lesser known South African billionaire.
WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...
Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?