Episode

Interest rate hike 'the best possible outcome'

Podcast: SAfm Market Update with Moneyweb
Published: May 28, 2026
Duration seconds: 482
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Summary

Nick Kunze of Sanlam Private Wealth explains why the MPC's decision to raise interest rates by 25 basis points was the best possible outcome. He unpacks the rand’s continued good performance against the US dollar and highlights AI stock performance in the US markets. He also discusses the oil price and how the 46% rise in the petrol price is the single biggest driver of inflation in South Africa. SAfm Market Update - Podcasts and live stream