PFS Market Sentiment Podcast – VAT Hike Causing Instability, JSE Steaming Along On The Back Of Gold, Interest Rate To Stay Stable For 2025 For Now
💹 Major Currency Snapshot: USDZAR: 18.82EURZAR: 21.40GBPZAR: 24.91 Introduction: Contrasting economic and political developments. In South Africa, a proposed VAT increase is causing political tensions within the governing coalition, while globally, revised trade forecasts and US tariff policies are creating market volatility and affecting various sectors. These global uncertainties and the weakening dollar are, however, […]