The South African Reserve Bank will raise its benchmark interest rate by 50 basis points to 5.25% next Thursday as it tries to rein in quicker inflation, a Reuters poll found.

The South African Reserve Bank is now expected to lift its repo rate 25 basis points in May and 50 basis points in Q3, according to a Reuters poll in which inflation forecasts rose again as rising ...

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.

All but two of 22 economists surveyed in the past week said the South African Reserve Bank (SARB) would cut rates by 25 basis points (bps) to 7.75% at its Nov. 21 meeting.

South Africa's Reserve Bank is expected to cut interest rates for the first time in more than two years - by 25 basis points to 8.00% - on Sept. 19, according to a Reuters poll of economists who ...

South Africa's Finance Minister Enoch Godongwana sits on the day of his 2025 budget speech in Cape Town, South Africa, March 12, 2025. REUTERS/Esa Alexander By Vuyani Ndaba ...