In the news today: Analysts forecast an unchanged repo rate and no rating downgrade, the new carbon tax will put consumers under further pressure in June, and Munich Re says crop insurance product innovation is needed urgently

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Interest rate cut and rating downgrade unlikely

The Reserve Bank will probably keep the repo rate unchanged and ratings agency Standard & Poor’s is unlikely to call for a rating downgrade.  READ MORE

Consumers in for a tough time

South Africa’s overall economic outlook remains bleak, with unemployment expected to rise and consumer debt to climb – and the new carbon tax will add to the pressure in June.  READ MORE

Crop insurance product innovation needed urgently: Munich Re

Munich Re’s Jutta Drewes and Hulisani Mukwevho Say that product innovation is required to ensure the sustainability of the sector.  READ MORE

Chubb launches Travel Smart app

Chubb’s new Travel Smart app for business travellers offers direct access to medical and security assistance as well as live location-based alerts.  READ MORE

Yalu makes credit life insurance easy for consumers

Yalu Financial Services, which is backed by Old Mutual Alternative Risk Transfer Limited (OMART), allows consumers to consolidate their credit life insurance, thereby reducing monthly costs.  READ MORE