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South Africa's Reserve Bank will leave its repo rate on hold this week but cut rates by 25 basis points to 8.00% in September as inflation cools, a Reuters poll found on Monday, earlier than a ...
Parliament is set to hold public hearings on the South African Reserve Bank Amendment Bill, which aims to nationalise the central bank and make the State its sole shareholder.
South Africa’s repo rate has remained steady at 8.25% since May 2023. However, the trade union federation COSATU earlier said with inflation having eased to 4.4% in August, the Reserve Bank should ...
The South African Reserve Bank (SARB) will likely keep interest rates steady at its March 20 meeting as global trade risks and battles over the national budget keep policymakers in wait-and-see ...
The following year, he became South Africa’s first African president and served until 1999. Mandela first appeared on South African banknotes during his lifetime in 2012. Location Currently not on ...
Experts from the South African Reserve Bank and National Treasury are finalising recommendations to potentially lower the inflation target to 3%, aiming to enhance economic stability amid global ...
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.
By Alexandra Wexler JOHANNESBURG--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.
This paper focuses on South Africa’s Central Bank Transparency Code Review. The South African Reserve Bank (SARB’s) strategic commitment to open and transparent communications should be anchored in a ...
Inflation in South Africa was 2.8% in April, up slightly from 2.7% in March. Still, the SARB now expects growth of 1.2% this year, down from the bank's March estimate of a 1.7% expansion.
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