Hopes for an interest rate cut this year in South Africa — not to mention in the US and other major economies — have steadily dimmed as 2024 has advanced. In its latest Monetary Policy Review ...

South African Reserve Bank (Sarb) governor, Lesetja Kganyago, on Thursday announced the central bank's Monetary Policy Committee's (MPC) decision on the repurchase rate (repo rate) in the country.

“The confidence regarding global economic developments we projected in October, has largely evaporated,” Reserve Bank Governor Lesetja Kganyago said. He added that waning confidence has been ...

The Prudential Authority of the SA Reserve Bank is seeking to liquidate KZN-based Ithala SOC due to serious concerns about the state-owned lender’s financial health. In this video, Daily ...

"The confidence regarding global economic developments we projected in October, has largely evaporated," Reserve Bank Governor Lesetja Kganyago told an audience during a presentation of the review.

The Reserve Bank’s Monetary Policy Review considered various scenarios based on the US import tariffs and the end of Agoa. The South African Reserve Bank (Sarb) warns in the latest Monetary ...

Economists at Nedbank say South Africans should not hold out any hope for further interest rate cuts in 2025, with the South African Reserve Bank (SARB) left with nothing but difficult choices.