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 ...

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.

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 decision to lower the repo rate , opens new tab by 25 basis points (bps) to 7.75% was unanimous, with no discussion about a larger 50 bps cut, South African Reserve Bank Governor Lesetja ...

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 ...

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.

South Africa, 2012-2015 Obverse Image: Nelson Mandela. Obverse Text: SOUTH AFRICAN RESERVE BANK / GOVERNOR / 50 / FIFTY RAND Reverse Image: Lions. Reverse Text: IBHANKI ENGUVIMBA YOMZANTSI AFRIKA / ...