Chief economist at Old Mutual, Rian le Roux, has warned that a tight budget in February next year will take money out of consumers pockets.
Le Roux said interest rates may be down next year but not by much.
Local politics, like a Nenegate, will impact the rand negatively. A similar incident will weaken the rand again.— Rian le Roux, Old Mutual economist
This article first appeared on 702 : What to expect from the Rand and interest rates in 2017 - economist