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

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

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

Despite being hit with a barrage of headwinds, South Africa’s economy is somehow holding on, with key metrics weathering the ...

Political parties in South Africa are advocating for the establishment of a regulatory body to prevent banks from having it ...

With low inflation, the monetary policy committee said it is aiming for inflation to settle at 3% — the bottom of its target ...

Elsewhere Du Preez puts the exposure of South African lenders at the time at about R28.8-billion. It seems the Reserve Bank was alive to the systemic risks and supported efforts to save the company.

South Africa’s repo rate has remained steady at 8.25% since May 2023. However, the trade union federation COSATU earlier said with inflation having eased to 4.4% in August, the Reserve Bank should ...

The bank’s new name refers to its founder and managing director, Nthabeleng Likotsi, who became the first woman to start a ...

The following year, he became South Africa’s first African president and served until 1999. Mandela first appeared on South African banknotes during his lifetime in 2012. Location Currently not on ...

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.