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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.
The SARB and the Ibex Group, formerly Steinhoff International Holdings N.V., have settled a long-running dispute with a ...
South Africa's rand, government bonds and stocks strengthened on Thursday after the South African Reserve Bank (SARB) trimmed its main lending rate, citing well-contained inflation.
The South African Reserve Bank has constructed a new inflation measure to monitor underlying price developments that will help support monetary policy decision making.
In September, the South African Reserve Bank (SARB) kept its main interest rate unchanged at 8.25%, its second pause after 10 consecutive hikes, after inflation edged up to 4.8% in August from 4.7 ...
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 general uncertainty at home and abroad.
South African Reserve Bank Governor Lesetja Kganyago said inflation could fall below 4% in coming months, creating more room for action after officials cut interest rates in September.