Full Recovery For Hotel Accommodation Income
South Africa’s tourism industry has managed to claw its way back to almost the same levels of activity as before the Covid pandemic, in line with global trends.
The Case For A Lower Repo Rate Strengthens
Trends for three key indicators were published this week that collectively strengthen the case for a lowering of the Reserve Bank’s repo rate, which will automatically impact the prime overdraft rate of the commercial banks.
Property market showing signs of recovery
Following a period of subdued activity, especially for the value of new home loans granted, South Africa’s property market may be on the verge of a new sustained growth phase.
Gold Price In Record-Breaking Mood
March witnessed a relentless rise in the gold price, with the precious metal breaking new records on a regular basis to reach an all-time high of $2,280 per fine ounce on 2 April, before pulling back slightly. The 90-day futures market price quoted on 3 April by Investing.com was even higher, briefly touching a level of $2,300 per fine ounce.