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The upper end of South Africa’s target is relatively high by the standards of big developing nations, such as Brazil, which since 2018 has reduced its inflation target from 4.5 per cent to 3 per cent, ...
A net 70% of fund managers in a Bank of America Corp. survey conducted earlier this month are bullish South African equities, ...
Middle East is causing a surge in oil prices, which may lead the South African Reserve Bank to reconsider its interest rate ...
Bank Zero founder Michael Jordaan announced that Lesaka bought their bank for R1.1 billion, pending regulatory approvals.
Inflation in South Africa was 2.8% in April, up slightly from 2.7% in March. Still, the SARB now expects growth of 1.2% this year, down from the bank's March estimate of a 1.7% expansion.
The South African Reserve Bank's (SARB) Monetary Policy Committee (MPC) has decided to reduce the repo rate by 25 basis points, with effect from 30 May.
The South African Reserve Bank’s Monetary Policy Committee decided to cut the repo rate by 25 basis points to 7.25%, thanks to a lower-than-expected inflation rate and a stronger-than-expected rand.
The South African Reserve Bank (SARB) Monetary Policy Committee (MPC) has voted to cut the country’s interest rates by 25 basis points. This brings the repo rate down to 7.25% and the prime ...
Standard Bank shared some tips for South Africans about what they should do if they find themselves in any of these situations – Stay calm, do not panic. Fraudsters often use fear to manipulate ...
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.
South Africa's central bank believes it has reached a "neutral zone" on interest rates after its latest cut and now needs government reforms to spark stronger economic growth, Reserve Bank ...
The South African Reserve Bank (SARB) cut its repo rate by 25 basis points (bps) to 7.25% , opens new tab, lowering its inflation and economic growth forecasts for this year and next. Sign up here.