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South Africa recorded foreign direct investment outflows of 3.2 billion rand ($179.87 million) ... at the reserve bank offices in Pretoria, South Africa, January 26, 2023.
SARB says 25-bp rate cut was prudent choice Last rate cut came in July 2020 Says decision was unanimous PRETORIA, Sept 19 (Reuters) - South Africa's central bank struck a measured tone after its ...
In a survey conducted July 6-12, 12 of 21 economists said the South African Reserve Bank (SARB) will keep rates steady at 8.25% on July 20. The remaining nine said rates will be hiked 25 bps.
South Africa’s central bank increased its benchmark lending rate by 25 basis points to 6.75 percent on Thursday in a close decision to curb inflation.
South Africa’s central bank has warned of dire consequences should the country face censure due to its stance on Russia’s invasion of Ukraine. At worst, secondary or indirect sanctions could ...
Inflation in South Africa rose for the second month in a row in December, yet at 3.0% year-on-year it was still below the mid-point of the Reserve Bank's 3%-6% comfort level. The poll suggested it ...
South Africa, 2012-2015 Obverse Image: Nelson Mandela. Obverse Text: SOUTH AFRICAN RESERVE BANK / GOVERNOR / 20 / TWENTY RAND Reverse Image: Elephants. Reverse Text: BANKAKGOLO YA AFORIKABORWA / ...
South Africa has already fallen out of favour with many offshore investors, with foreigners currently holding 25% of local government bonds, down from as much as 42% in 2018.
The South African Reserve Bank (SARB) has announced a shift in how will monitor financial stability in South Africa, alongside other commitments to cryptocurrency regulation and climate change. At ...
JOHANNESBURG, March 20 (Xinhua) -- South Africa's gross domestic product (GDP) grew 0.6 percent in 2024, with household consumption and lower inflation being the major contributors, the country's ...
JOHANNESBURG - The Reserve Bank has revised its economic growth projections for South Africa down marginally from 1.8% to 1.7% percent for 2025. The revision comes amid continued concerns about ...