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.

This pivotal decision comes hand-in-hand with the proposal to lower the inflation target to 3%, promising a transition ...

The South African Reserve Bank (SARB) Monetary Policy Committee (MPC) has voted to cut the country’s interest rates by 25 ...

South Africa’s central bank cut its main interest rate by 25 basis points to 7.25% on Thursday, after inflation came in below its target range for a second consecutive month. The decision by the ...

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 (Sarb) sent its strongest signal yet on Thursday that a lower inflation target for the country is being finalised. Not only did all six members of its Monetary Policy ...

A lower South African inflation target coupled with a revised borrowing strategy could save the government as much as ...

Reserve Bank governor Lesetja Kganyago has reiterated his view that South Africa needs a lower inflation target, saying that ...

While the South African Reserve Bank refuses to acknowledge that cryptocurrency is money, it wants it treated as such for the ...

The South African Reserve Bank looks set to ease borrowing costs on Thursday to support a faltering economy, before pausing to assess any further fallout from US President Donald Trump’s trade war.

The South African Reserve Bank is the central bank of South Africa. It was established in 1921 after Parliament passed an act, the "Currency and Bank Act of 10 August 1920," as a direct result of ...

The announcement comes as the bank foresees lower global interest rates and a weaker outlook for the local economy ...