PRETORIA (Reuters) -South Africa's central bank cut its key interest rate by 25 basis points to 7.00% on Thursday and said it would now aim for the bottom of its inflation target range. The rate cut ...

The South African Reserve Bank (SARB) has reduced the repo rate by 25 basis points to 7%. It comes into effect from August 1. This decision was announced ...

The South African Reserve Bank (SARB) Monetary Policy Committee (MPC) has voted to cut interest rates in South Africa by ...

The South African Reserve Bank Governor Lesetja Kganyago announced that the interest rate was reduced to 7% and the prime ...

South Africa's central bank said on Thursday it would now aim for 3% inflation, not 4.5%, despite the finance minister not ...

South African Reserve Bank (SARB) Governor Lesetja Kganyago has announced a 0.25% cut on the interest rates, bringing it down ...

Kganyago announced on Thursday that the MOC prefers to aim for 3% inflation and will base its forecast on that figure going ...

The South African central bank's decision to lower its inflation target on Thursday without the sign-off of the finance ...

South Africa's central bank aims for 3% inflation, deviating from its 4.5% target, and lowers its lending rate. Despite ...

South Africa's government borrowing costs dropped to their lowest in five years after the Reserve Bank announced on Thursday ...

The central bank cut its main repo rate by a quarter percentage point as inflation remains low in the midst of continuing ...

Regionally, South Africa’s economy remains weak, expanding only 0.1 per cent quarter-on-quarter in the first quarter of 2025.