Economic and Market Overview | February 2022

Download the February 2022 Economic and Market Overview

Global

The start of the year heralded an unpredicted slowdown in economic growth, lingering inflation and many guesses regarding the pace of interest rate increases around the world. Read more

South Africa

The South African Reserve Bank’s Monetary Policy Committee (MPC) decided to increase the repurchase rate by 0.25% taking it to 4%. Read more

Market Performance

The

South African equity market started the year on a positive note as the FTSE/JSE All Share Index

gained almost 1% outperforming their global developed and emerging market counterparts by a wide margin, courtesy of strong performance from Sasol (33%), BTI (13%) and MTN (12%). This was in stark contrast with global markets as the MSCI All Country World Index shed almost 5 (in US dollars) in January. Read more