The South African Reserve Bank has cut interest rates by 25 basis points, dropping the repo rate to 7.50%. The latest decision by the Monetary Policy Committee (MPC) was in line with expectations ...

In a 4–2 split decision, the South African Reserve Bank (Sarb) cut its benchmark interest rate by 25 basis points to 7.5% on ...

The South African Reserve Bank will trim its repo rate next week by a quarter of a percentage point to 7.50% and repeat that in March, but then delay its final 25 basis point cut of the cycle to the ...

Old Mutual Bank (OM Bank) has receieved final approval from the South African Reserve Bank’s Prudential Authority to appoint Clarence Nethengwe as Chief Executive Officer the bank, effective ...

The South African Reserve Bank’s (SARB) Monetary Policy Committee (MPC) has decided to cut the interest rate by 25 basis points (bps) for the first quarter of 2025. The repo rate was cut by 25 ...

(Bloomberg) -- The South African Reserve Bank is set to lower borrowing costs by another frugal 25 basis points on Thursday while warning that uncertainty around US monetary and trade policies may ...

while the South African Reserve Bank cut its main lending rate for the third time in a row. At 1801 GMT, the rand traded at 18.4525 against the U.S. dollar , about 0.7% stronger than its previous ...

South African Reserve Bank (SARB) Governor Lesetja Kganyago said that interest rates in the country will be cut by 25 basis points (BPS) on Thursday. This comes after the central bank’s Monetary ...

Inflation expectations of analysts, business people and trade union officials, which the South African Reserve Bank (SARB) tracks closely, have also improved, largely aligning with the midpoint.

with eyes set on interest rate decisions from the Federal Reserve and the South African Reserve Bank (SARB). At 0657 GMT, the rand traded at 18.50 against the dollar, about 0.5% weaker than its ...

The South African Reserve Bank has announced a 25 basis point cut in the interest rate, marking the third consecutive ...

The third cut in a row brings the South African Reserve Bank’s key repo rate to 7.50% and the prime lending rate to 11%, heralding more relief for hard-pressed consumers and businesses.