MIDDLE EAST CONFLICT: Oil and gold price surge will shock and awe SA

2026-03-02 - 11:44

The spectre of oil at $100 (R1,607) a barrel will haunt the South African Reserve Bank’s efforts to contain inflation. At the start of this year there were high hopes that the Bank would deliver at least two more 25-basis-point rate cuts this year. Those may now be dashed.