RBA is overachieving on inflation and should “break on through to the other side” to reduce the policy rate in February.
A February rate cut could mean an April election. Otherwise, it’s the Hail Mary option of another budget and a May poll.
Take home pay in South Africa shot up in the past month—with economists expecting a great year for salaries in 2025.
In December last year, the food basket cost R5 383,38 and a year ago in January 2024, it cost R5 324,86 in January 2024.