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Sunita Menon
Sunita Menon

Sunita Menon is an economics journalist with Business Day and Financial Mail at Tiso Blackstar Group formerly known as Times Media. This is a link to her latest stories.

 

 

Current account shortfall widens

Business Day (registration) - 1 week ago
Although the current account deficit continues to widen, many economists still expect a second rate cut in 2017 as the monetary policy committee's September meeting approaches. The deficit...

Rand is steady ahead of US inflation data release

Business Day (registration) - 1 week ago
The rand was little changed against the dollar just before midday following the Reserve Bank's report that SA's current account deficit for the second quarter of 2017 had widened. The current...

Disappointment as current account deficit widens

Business Day (registration) - 1 week ago
In spite of expectations of an improvement, SA's current account deficit continued to widen in the second quarter of 2017 — to 2.4% of gross domestic product (GDP) from 2% the previous quarter....

SA clambers out of recession but retail sector is likely to retard growth

Business Day (registration) - 1 week ago
Even as SA clambered out of recession, it is unlikely to experience meaningful growth on the back of a slump in the retail sector. The sector grew less than expected at the start of the third quarter...

Retail sector in worse shape than expected

Business Day (registration) - 1 week ago
Retail trade sales growth slowed more sharply than expected in July, coming in at 1.8% year on year, from June's 2.9% and against expectations of between 2.4% and 2.7%. The retail sector is an...

Small bounce in business confidence, but the picture is still bleak

Business Day (registration) - 1 week ago
The RMB/BER business confidence index for the third quarter showed an economy still stuck in the doldrums, though it rebounded slightly from the dismal second-quarter plunge. The BCI came in at 35...

Reforms are vital for SA to dodge another downgrade, says Moody's

Business Day (registration) - 1 week ago
SA is stuck in a low growth trap and is at risk of another downgrade if the government doesn't implement structural reforms, according to Moody's vice-president and senior sovereign analyst...

JSE may track firmer global markets on Wednesday

Business Day (registration) - 1 week ago
If the JSE takes its cue from global markets on Wednesday, it could track higher, following fresh records on Wall Street overnight. Asian markets retreated from a decade high, though, ahead of the...

Moody's warns on credit quality of SA companies — but it's not all bad news

Business Day (registration) - 1 week ago
The credit quality of South African companies will be constrained in 2018, according to a report by credit rating agency Moody's on Tuesday. The report, "Corporate Credit Quality SA: Low...

Oil weakens on fears superstorm Irma could dent US demand

Business Day (registration) - 2 weeks ago
London — Oil prices dropped on Monday on concerns that Hurricane Irma's pounding of heavily populated areas of Florida could dent oil demand in the world's top oil-consuming nation. Losses...

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