News

Standard Bank says that the rise of instant electronic payments mean that traditional protections measures no longer cut it.
The monetary policy committee said it remains vigilant amid risks to inflation outlook on the global and domestic front ...
South Africa recorded foreign direct investment inflows of 7.5 billion rand ($411.76 million) in the fourth quarter, compared to outflows of 3.2 billion in the third quarter, central bank data showed ...
There was no repo rate cut to support economic recovery in South Africa, while the MPC waits to see what the effects will be of the global trade war.
The South African Reserve Bank held its main repo rate at 7.5% on ... On Friday, U.S. Secretary of State Marco Rubio declared South Africa’s ambassador to the U.S., Ebrahim Rasool, “persona ...
South Africa's budget may be tweaked further as ... Shannon Bold, senior economist at the Bureau of Economic Research, said the Reserve Bank is concerned about the potential upside risks to ...
JOHANNESBURG - The Reserve Bank has revised its economic growth projections for South Africa down marginally from 1.8% to 1.7% percent for 2025. The revision comes amid continued concerns about ...
Despite an improved economic environment in 2024, South Africa's major banks face challenges, including squeezed margins and ...
Economists say the Reserve Bank is likely to err on the side of extreme caution today as it waits to see what happens to global interest rate trends, which might reverse.
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
PRETORIA, March 20 (Reuters) - Below are some quotes from South African Reserve Bank Governor Lesetja Kganyago ... enjoyed rising confidence in South Africa, with a smaller country risk premium ...
Keeping South Africa’s inflation target at the current ... is not insignificant,” Kganyago said at a South African Reserve Bank conference in Cape Town on Thursday.