Thalia Petousis
Articles by Thalia Petousis
The SARB hikes rates as food inflation threatens to erode the income of the working class
Raising rates by 50-basis points to take the SA repo rate to 4.75%, the South African Reserve Bank (SARB) delivered what may have been a ‘credibility move’....
Food price inflation: Are we watching “That ‘70s Show”?
Unaffordable food and fuel prices are raising developed market consumer inflation to multi-decade highs, while the Federal Reserve recently announced a...
The long road to debt reform: SA’s Budget underwhelms bond investors
Despite the positivity priced into the Budget from the much-publicised tax revenue overruns, the outcome has positively underwhelmed South African bond...
‘Hopeful Budget’ may strike right notes, but tax clarity and economic reforms are needed
This year’s Budget speech, set to be delivered on 23 February by Finance Minister Enoch Godongwana, is likely to strike an optimistic chord thanks to a numbe...
Sticking to the slow and steady path of normalisation, for now
At the January meeting of the Monetary Policy Committee (MPC), South Africa’s repo rate was raised by another 25 basis points (bps) to 4.00%.
The divided Committee draws a line in the sand, but gradually
At the November meeting of the Monetary Policy Committee (MPC), South Africa’s repo rate was raised by 25 basis points (bps) to 3.75%. The recent dissenting...
Can we expect an interest rate hike in November?
South Africa should prepare for interest rate hikes given the rising inflationary pressures and global energy shortage currently unfolding. Thalia Petousis...
How we approach fixed interest
Aside from our dedicated local fixed interest funds, being the Allan Gray Money Market Fund and the Allan Gray Bond Fund, we also invest in fixed interest...
MPC rates decision: Where to from here?
The South African Reserve Bank’s Monetary Policy Committee (MPC) today made the unanimous decision to keep the repo rate unchanged at 3.5%.
Sitting at the bottom of the interest rate cycle, potentially for much longer
The South African Reserve Bank’s Monetary Policy Committee (MPC) voted in May 2021 to again keep the repo rate unchanged at 3.5%, its lowest level since the...
Where to from here for interest rates and money market returns?
Lower interest rates, although a life jacket for those in debt or with home loans, have negative consequences for savers.
Anaemic rate environment for money market funds
We have undoubtedly entered a difficult period for money market funds, with the overnight repo rate at its lowest in South Africa’s history. Meanwhile, other...
