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BER Releases Inflation Expectations Survey, ANC & MK Party Face Off In Court

SOUTH AFRICA
  • The Bureau for Economic Research (BER) will release its quarterly inflation expectations survey at the top of the hour. These reports are one of the factors monitored by the South African Reserve Bank (SARB), which wants to anchor inflation expectations at the +4.5% Y/Y mid-point of its inflation target range. The latest CPI report will cross the wires tomorrow morning.
  • The African National Congress (ANC) and the uMkhonto weSizwe (MK) Party will cross sabres in the Electoral Court today after the current governing party accused the political newcomers led by ex-President Jacob Zuma of failing to comply with due relevant procedures, arguing that its registration with the Independent Electoral Commission (IEC) should be nullified.
  • US Deputy Treasury Secretary Wally Adeyemo returned from a visit to South Africa saying that it has left him "more bullish" on the local economy. In his view, if the country's leaders "are able to reduce those headwinds [i.e. energy and logistics problems), which they have the capacity to do, there's real opportunity for them to grow beyond expectations."
  • Israel has asked the International Court of Justice (ICJ) to refuse South Africa's request for new measures to prevent famine in Gaza, describing it as an attempt to "relitigate what the court has already decided and to have the Court micromanage the conduct of hostilities in Gaza."
Political Risk BulletEM BulletHomepageBulletPolitical RiskEmerging Market News
Political Risk BulletEM BulletHomepageBulletPolitical RiskEmerging Market News

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