CAPE TOWN: South Africa’s five-year break-even rate, a measure of investor expectations of consumer inflation, fell to a nine-month low this week, closely tracking the rand, which reached its strongest level against the dollar since October. The currency’s strength is giving policy makers room to pause after raising the benchmark rate three times since November to a six-year high.
Shippers see temporary lull in exports
Shippers expect the coronavirus outbreak to have the greatest effect on farm product exports, notably fresh fruits and vegetables, with...