News

South Africa’s central bank has unilaterally lowered its inflation target, bypassing the finance ministry, which insists it ...
The South African Reserve Bank (SARB) Monetary Policy Committee (MPC) has voted to cut interest rates in South Africa by ...
Payments across Sadc are currently facilitated via the South African Multiple Option Settlement (Samos) and Sadc Real-time ...
South Africa, which has a strained relationship with President Trump, is the only African country singled out in the announcement with a 30% tariff increase on August 7.
With low inflation, the monetary policy committee said it is aiming for inflation to settle at 3% — the bottom of its target ...
South Africa's government borrowing costs dropped to their lowest in five years after the Reserve Bank announced on Thursday ...
South Africa's Finance Minister Enoch Godongwana said on Friday that an expectation had been created that he would announce a ...
The Congress of South African Trade Unions (COSATU) calls on the South African Reserve Bank’s Monetary and Policy Committee (MPC) to cut the repo rate by at least 25 basis points at its meeting on ...
South Africa's Reserve Bank is seen waiting until November before it cuts its repo rate as economists continue to roll back their expectations when policy easing kicks off in response to slowing ...
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. On Friday, U.S. Secretary of State Marco ...
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 ...
JOHANNESBURG—The South African Reserve Bank on Thursday maintained its main repo rate at 8.25% in an effort to keep inflation in check amid disappointing economic performance.