Dr. Rashad Cassim: Unanswered questions in South African monetary policy
On Monday, Dr. Rashad Cassim (picture above, second from left, along with Prof Ben Smit, Dr Monique Reid and Prof Stan du Plessis), who is the Head of Research at the South African Reserve Bank and a member of the Monetary Policy Committee, visited the Department and delivered a wide-ranging and insightful talk on opportunities for mutual improved understanding between monetary policy practitioners and academic researchers. His presentation began by sketching out his view on the role of inflation targeting in South Africa and other countries, namely that it is more a way of communication than a specific policy theory, and it works by providing a nominal anchor that guides the theoretical framework on which decisions are made. He identified many areas where our understanding of monetary policy could be improved, such as the impact of financial regulation on the monetary transmission mechanism and the apparent flattening of the Phillips curve.
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Monday 04 August 202512:00-13:00
Prof Willem Boshoff: Stellenbosch University
Topic: "Two competing approaches in South African competition policy: merger control and anti-cartel enforcement over the past 30 years"
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Professor Johan Fourie: Stellenbosch University
Topic: "Economic History: TBC"
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BER Weekly
25 Jul 2025 Budget hurdle cleared, but US tariff implementation remains a riskIt was another big week on the local political front, but with some constructive momentum. On the trade front, ahead of next week’s 1 August deadline, Trump announced another “massive” trade deal with Japan. The upcoming week is busy, with a slew of global and domestic data releases and several monetary policy decisions, including the SARB....
Read the full issue
Upcoming Seminars
Monday 04 August 202512:00-13:00
Prof Willem Boshoff: Stellenbosch University
Topic: "Two competing approaches in South African competition policy: merger control and anti-cartel enforcement over the past 30 years"
12:00-13:00
Professor Johan Fourie: Stellenbosch University
Topic: "Economic History: TBC"
12:00-13:00
Dr Stephen Taylor: Director In Education & Research Fellow Stellenbosch
Topic: "TBC"
BER Weekly
25 Jul 2025 Budget hurdle cleared, but US tariff implementation remains a riskIt was another big week on the local political front, but with some constructive momentum. On the trade front, ahead of next week’s 1 August deadline, Trump announced another “massive” trade deal with Japan. The upcoming week is busy, with a slew of global and domestic data releases and several monetary policy decisions, including the SARB....
Read the full issue