Mit Magzter GOLD unbegrenztes Potenzial nutzen
Erhalten Sie unbegrenzten Zugriff auf über 9.000 Zeitschriften, Zeitungen und Premium-Artikel für nur
Versuchen GOLD - Frei
South African banks poised for growth amid rising precious metals prices
The Mercury
|February 03, 2026
SOUTH African banks are expected to expand lending to the broader economy over the next two years, supported by strong export earnings driven by elevated precious metals prices, according to S&P Ratings.
The ratings agency said on Monday that economic growth is likely to average 1.5% in both 2026 and 2027, up from a subdued 0.6% recorded in 2024, despite ongoing logistical constraints and tariff-related bottlenecks.
Last week, the ratings agency told Business Report that it was exploring raising SA's rating within a year should fiscal imbalances improve.
On Monday, Charlotte Masvongo, an analyst with S&P, said economic growth was likely to average 1.5% in 2026 and 2027, rising from a subdued 0.6% in 2024.
"We expect GDP growth will average 1.5% over 2026-2027, from a subdued 0.6% in 2024," said Masvongo.
Diese Geschichte stammt aus der February 03, 2026-Ausgabe von The Mercury.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON The Mercury
The Mercury
Zendaya's advice on love: why she says these specific red flags are non-negotiable
WHEN it comes to navigating relationships, there's no one-size-fits-all formula.
2 mins
February 23, 2026
The Mercury
SACP rejects Ramaphosa's decision to suspend National Health Insurance
THE South African Communist Party (SACP) has learned with great disappointment of the decision of President Cyril Ramaphosa to suspend the implementation of the National Health Insurance (NHI).
2 mins
February 23, 2026
The Mercury
High speed rail linking KwaZulu-Natal and Gauteng feasibility study underway
THE feasibility study to build a high-speed train connecting KwaZulu-Natal and Gauteng is underway, marking significant strides in the implementation of this project.
2 mins
February 23, 2026
The Mercury
How to restore your natural nails after gel polish and reverse the hidden damage
GEL manicures have a way of quietly becoming the go-to option, turning what starts as a once-off treat into a routine because the appeal is simply undeniable.
2 mins
February 23, 2026
The Mercury
Tight finishes likely order of the day
THE so-called ‘off season’ generally gives the lessor lights a chance to earn their keep but at the same time the majority of the runners are close in the handicap, with very little separating most of the field.
3 mins
February 23, 2026
The Mercury
Improving your life and relationships
WANT to improve the quality of your life and your relationships?
1 min
February 23, 2026
The Mercury
Redefining weddings: the shift towards immersive celebrations
THERE was a time when weddings were defined by a single aisle, a single room and a tightly structured timeline, but today's couples are reshaping the celebration into something far more immersive, prioritising connection, atmosphere and shared experience over tradition alone.
2 mins
February 23, 2026
The Mercury
Why a rare 10-day break could give Chiefs the Soweto derby edge
‘MISO MSOMI
2 mins
February 23, 2026
The Mercury
Pretoria remains mum as new 10% US import levy looms
US Supreme Court strikes down Donald Trump's Liberation Day tariffs as negotiations continue
3 mins
February 23, 2026
The Mercury
Will Eskom’s appeal to keep coal and diesel contracts secret hold up in court?
POWER utility Eskom is appealing the Gauteng High Court in Pretoria’s decision to grant lobby group AfriForum access to its coal and diesel contracts in terms of the Promotion of Access to Information Act (PAIA).
1 mins
February 23, 2026
Listen
Translate
Change font size