All but two of 22 economists surveyed in the past week said the South African Reserve Bank (SARB) would cut rates by 25 basis points (bps) to 7.75% at its Nov. 21 meeting. Two expected a 50bps cut.

Mboweni on the issue of the role of the Reserve Bank. He was exemplary in his protection of the autonomy and independence of bank, which is in sections 223 to 225 of the South African Constitution.

The South African Reserve Bank (SARB) will keep its repo rate unchanged on Nov. 23 and wait until May 2024 before cutting it, a Reuters poll found, as policymakers try to navigate risks to ...

Consumers will hope for some much-needed reprieve from their monthly budgets at the end of this month when the South African Reserve Bank Governor, Lesetja Kganyago, announces the Monetary Policy ...

By Alexandra Wexler JOHANNESBURG--The South African Reserve Bank cut its main repo rate by 25 basis points to 7.25% on Thursday, as tensions with the U.S. continue amid ongoing global uncertainty.

Elsewhere Du Preez puts the exposure of South African lenders at the time at about R28.8-billion. It seems the Reserve Bank was alive to the systemic risks and supported efforts to save the company.

The South African Reserve Bank held its main repo rate at 7.5% on Thursday, as tensions with the U.S. continue to rise amid escalating global uncertainty. On Friday, U.S. Secretary of State Marco ...

The South African Reserve Bank (SARB) will keep its repo rate unchanged on Nov. 23 and wait until May 2024 before cutting it, a Reuters poll found, as policymakers try to navigate risks to ...

By Alexandra Wexler JOHANNESBURG--The South African Reserve Bank on Thursday maintained its main repo rate at 8.25% in an effort to keep inflation in check amid disappointing economic performance.