The South African Reserve Bank (SARB) has taken a significant yet measured step towards economic recovery with its ...

Reserve Bank Governor Lesetja Kganyago announces a 25 basis points interest rate cut, prompting mixed reactions from ...

Here are five other important things happening in and affecting South Africa today: ...

Monetary Policy Committee (MPC) has decided to reduce the repo rate by 25 basis points, with effect from 30 May.This reduces the prime lending rate from banks to 10.75 %.Five members favoured this ...

The announcement of a new, lower inflation target could potentially scupper interest rate cuts this year, says Investec's ...

BetterBond National Head of Sales, Bradd Bendall, said they expect the repo rate cut to give the market a further boost. "The ...

South African Reserve Bank announces a 25 basis point cut to the repo rate, providing much-needed relief for borrowers.

Sluggish growth prospects and a rise in unemployment have compelled the South African Reserve Bank (SARB) to cut the repo rate by 25 basis points to 7.25% effective today (Friday).

Now that inflation has slowed, we have a chance to lock in lower inflation at low cost. This scenario illustrates that opportunity,” Kganyago remarked.

Economists expect the South African Reserve Bank (SARB) to cut interest rates at its meeting next week, with an announcement ...

The majority of economists polled by Reuters have predicted a 25-basis point cut in the May meeting with the central bank ...