Guiding consumers since 2009

More inflation, weaker rand likely for SA

By Staff Writer
More inflation, weaker rand likely for SA

By Mariam Isa
From Business Day

SA's economy will not escape the turmoil which roiled global markets yesterday, with any prolonged bout of risk aversion by investors set to curb capital inflows and weigh on the volatile rand.

Justmoney.co.za says:

What this means is that we are not out of trouble yet. The economy is connected globally, and even though SA has less exposure to some things we will still feel the effects of big changes. Like banks collapsing. So, get yourself a savings account, plan for your retirement, consolidate your debts and keep your heads down, because the storm is not over yet.

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