Tag: Peter Worthington
Ahead of the conclusion of this week’s Monetary Policy Meeting, Absa has predicted that the South African Reserve Bank will cut the repo rate by 50 basis points. Joining CNBC Africa to unpack these predictions is Peter Worthington, a Senior Economist at Absa Group.
South African President, Cyril Ramaphosa joined us for an exclusive 60 minute interview earlier today to discuss business, economics and the direction of Africa’s most industrialised nation. Joining CNBC Africa to unpack this interview is Jacques Nel, Economist for Southern and East Africa at NKC African Economies and Peter Worthington, Economist at Absa.
After the much anticipated Moody’s credit rating on South Africa being reprieved last week Friday, Yesterday they released a credit opinion on South Africa. Moody’s has relieved the country as they have left the rating at Baa3 with a stable outlook. Although the credit opinion does not constitute a rating action, this saw a positive push to the rand and other South African sectors. ABSA Senior Economist, Peter Worthington joins CNBC Africa for more.