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Listen "Interest Rates, Climate, and Where-to for Multilateralism"
Episode Synopsis
This week on Rands and Sense, Natale Labia and Irshaad Kathrada tackle a trio of pressing issues shaping South Africa and the world.
First, we dive into the South African Reserve Bank's latest interest rate cut and the heated debate on inflation targeting. With CPI dipping to 2.8% year-on-year, is the push for a lower inflation range good policy, or does it risk further straining South African consumers?
Next, we unpack the drama of COP29. Is the climate conference platform unraveling, and can funding commitments bridge the $1.3 trillion gap the global south faces? Backroom deals and bold pledges abound, but is it enough?
Finally, we zoom out to global affairs: South Africa takes the G20 presidency with big ambitions for a truly African agenda, and Donald Trump announces fresh tariffs.
First, we dive into the South African Reserve Bank's latest interest rate cut and the heated debate on inflation targeting. With CPI dipping to 2.8% year-on-year, is the push for a lower inflation range good policy, or does it risk further straining South African consumers?
Next, we unpack the drama of COP29. Is the climate conference platform unraveling, and can funding commitments bridge the $1.3 trillion gap the global south faces? Backroom deals and bold pledges abound, but is it enough?
Finally, we zoom out to global affairs: South Africa takes the G20 presidency with big ambitions for a truly African agenda, and Donald Trump announces fresh tariffs.
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