News

South Africa's inflation rate edged higher in June, reaching the base of the central bank's target range, but analysts said ...
The Monetary Policy Committee will make another interest rate decision this week, with economists unsure if a cut will take ...
South Africa's headline consumer inflation rose to 3.0% year on year in June from 2.8% in May, statistics agency data showed ...
The USD/ZAR exchange rate rose for four consecutive days, reaching its highest level since July 16. What next for the South ...
Read More: South Africa’s Kganyago Roots for Central Bank Independence The governor of the central bank is picked by the president and Kganyago’s re-selection was not assured.
Finance chiefs from the Group of 20 countries stressed the importance of central bank independence while pledging to boost ...
South Africa recorded foreign direct investment inflows of 7.5 billion rand ($411.76 million) in the fourth quarter, compared to outflows of 3.2 billion in the third quarter, central bank data ...
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, ...
U.S. Treasury Secretary Scott Bessent did not attend the two-day meeting in the port city of Durban, continuing a string of ...
Keeping South Africa’s inflation target at the current range will be costly for the government, according to central bank chief Lesetja Kganyago, who has long been an advocate of lowering the ...
(Bloomberg) -- South Africa’s reserve bank is set to look past a sharp slowdown in inflation and only cut interests rates by a modest quarter percentage point, as new risks to its outlook emerge ...
Mboweni could not move directly into the position as governor, as section 4 (2) (a) of the South African Reserve Bank Act that the “governor shall be a person of tested banking experience”.