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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.
A net 70% of fund managers in a Bank of America Corp. survey conducted earlier this month are bullish South African equities, ...
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 ...
South African Reserve Bank Governor Lesetja Kganyago’s repeated emphasis of uncertainty is expected to translate, at most, into only a handful of additional interest-rate cuts next year.. The ...
Showing confidence in the economy. 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 ...
The Reserve Bank’s decision to reduce the repo rate can have far-reaching consequences for forex liquidity in South Africa. Lower rates can stimulate economic activity by making borrowing ...
South Africa’s central bank cautioned that borrowing costs around the world are likely to remain higher for longer as it grows doubtful about the inflation outlook amid US President Donald Trump ...
South African Reserve Bank (Sarb) Governor Lesetja Kganyago. The Sarb this month kept the cost of borrowing on hold at 7.5% per annum. Image: . Simphiwe Mbokazi / Independent Newspapers.
The South African Reserve Bank's (SARB) Monetary Policy Committee (MPC) has decided to reduce the repo rate by 25 basis points, with effect from 30 May.
South Africa’s electricity prices have risen by over 600% since 2008, consistently outpacing headline inflation, pushing prices higher and making it more difficult for the Reserve Bank to cut ...
Standard Bank shared some tips for South Africans about what they should do if they find themselves in any of these situations – Stay calm, do not panic. Fraudsters often use fear to manipulate ...
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