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South Africa’s year-on-year retail sales rose 1.6%, undershooting the 4.8% forecast in February
South Africa’s year-on-year retail sales growth was 1.6% in February. This was below the 4.8% forecast. The release indicates retail sales rose more slowly than expected. The difference between the actual figure and the forecast was 3.2 percentage points. South African Consumer Weakening Signal Given the February retail sales data, we see this as a clear signal of a weakening South African consumer. The 1.6% growth figure is significantly below expectations, confirming that persistent inflation and high borrowing costs are severely impacting household spending. This weak demand challenges the case for any further ... (full story)
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Annual consumer price inflation was 3,1% in March 2026, up from 3,0% in February 2026. The CPI increased by 0,6% month-on-month in March 2026. The main contributors to the 3,1% annual inflation rate were: housing and utilities (5,1% and contributing 1,2 percentage points); food and non-alcoholic beverages (3,6% and contributing 0,6 of a percentage ...
Trump: Iran talks possible as soon as Friday - NYP
Trump tells The Post second round of talks possible as soon as Friday as Iran scrambles to come up with unified plan Good news about a second round of talks between the US and Iran may be coming as soon as Friday, President Trump and Pakistani sources told The Post on Wednesday. Sources in Islamabad touted positive mediation efforts with Tehran renewing the possibility of more peace talks within the next 36 to 72 hours. Asked about this possible breakthrough by The Post, Trump in a text message said: Its possible! President DJT. The incremental update comes a day after the US president announced he would extend the current cease-fire with Iran until its divided leadership can come up with a unified proposal. I have
directed our Military to continue the Blockade and, in all other respects, remain ready and able, and will therefore extend the Ceasefire until such time as their proposal is submitted, and discussions are concluded, one way or the other, he said in a post to Truth Social on Tuesday.
IRAN CURRENTLY HAS NO PLANS TO NEGOTIATE WITH US FRIDAY: TASNIM