Weekly Review

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Impumelelo Economic Growth Lab

Weekly Review

The BER Weekly Review provides in-depth, data-driven insights into the South African and global economies. Alongside the latest statistics, we cover key financial market developments and explain what matters - from monetary policy decisions to broader policy shifts and economic drivers. Each issue also looks ahead to the coming week, highlighting events and data releases that are likely to shape the economic and market outlook. From 2026, the Review includes a concise South African political update. It is available to Premium Insights and Essential Insights subscribers.

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SA Budget boost meets global tariff wobbles

Date Uploaded: February 27 2026 07:00


South African markets rallied in the wake of the 2026 National Budget, as a commodity-driven revenue overrun allowed government to scrap proposed tax increases and reaffirm its commitment to fiscal consolidation. The rand strengthened, bond yields fell and equities advanced, reflecting improved investor confidence despite a slightly wider deficit path over the medium term. Globally, uncertainty around US tariff policy unsettled markets after a Supreme Court ruling forced a reset of President Trump’s trade measures. A new universal tariff, legal challenges and rising geopolitical tensions, particularly involving Iran, kept investors on edge, even as global equities ended the week higher