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South African Reserve Bank Governor Lesetja Kganyago said a review of the nation's inflation target by the National Treasury ...
South African inflation expectations fell to an almost four-year low, giving the Reserve Bank another reason to cut rates. However, global uncertainty is still a major factor it can’t ignore.
The central bank currently aims to anchor inflation expectations at the midpoint of its 3-6% target, but this range is now under formal review. With May’s inflation reading at 2.8%, Reserve Bank ...
After a month of highly volatile global markets, economists expect the South African Reserve Bank to take a more cautious ...
South Africa's rand and government bonds firmed on Tuesday, buoyed by investor optimism over signs of progress towards a ...
Experts from the South African Reserve Bank and National Treasury are finalising recommendations to potentially lower the ...
South African Reserve Bank Governor Lesetja Kganyago reinforced his argument for adopting ... Read: Sarb sees ‘amazing’ chance to lower CPI goal The low level of inflation offers South Africa an ...
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, ...
“Although an inflation rate of 4.5% may seem moderate, it still causes prices to double every 16 years,” Kganyago said in the ...
A review of South Africa’s inflation target by the National Treasury and the nation’s central bank is close to completion, ...
The 2025 summit in Rio de Janeiro, Brazil, is set to take place July 6–7 and will focus on global governance reforms, as well as cooperation among the Global South community.