Dawie Roodt

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Local

South African’s inflation eases to 5.3% in March

By Lee-Yandra Paulsen Data from Statistics South Africa has revealed that the country's headline inflation rate moderated to 5.3% in March, down from 5.6% in February. This decline comes after two consecutive months of climbing inflation. Since September 2023, inflation has remained within a range of 5% to 6%. Among the categories with the highest annual price changes in March were miscellaneous goods and services, education, health, and housing and […]

today17 April 2024

Local

Roodt says increased interest rates will hurt the South African economy

By Kouthar Sambo "The reason why the South African Reserve Bank has decided to increase interest rates, is because they want to dampen the demand in the economy, and this is a very blunt instrument. It is going to be very painful and bad for the economy and going to result in slower economic growth.” This is according to Economist Dawie Roodt, who went on to say that lower interest rates […]

today24 May 2023

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