News

Cost of South African government borrowing falls as Reserve Bank targets lower inflation

South Africa's government borrowing costs dropped to their lowest in five years after the Reserve Bank announced on Thursday ...
Macau Business13h

S.African president regrets ‘very punitive’ US tariffs

President Cyril Ramaphosa on Monday called US tariffs set to hit certain South African exports this week "very punitive", and said ...
The Mail & Guardian5d

Reserve Bank cuts interest rates to 7% in widely expected decision

With low inflation, the monetary policy committee said it is aiming for inflation to settle at 3% — the bottom of its target ...
BusinessTech1d

Major South African company could shut down exports after operating for 35 years

Swartland, a South African manufacturer of windows, doors, and timber products, could be forced to close its export business ...

Bishop: Low Interest Rates Are Needed in South Africa

President Donald Trump unveiled a slew of new tariffs that boosted the average US rate on goods from across the world, ...
Wall Street Journal2mon

South African Reserve Bank Cuts Main Repo Rate to 7.25%

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.
BusinessTech4d

Godongwana responds to Reserve Bank’s shock announcement

The Reserve Bank’s unilateral decision to lower its inflation target—bypassing the finance ministry—shocked analysts, and ...