The IMF recommended that the central bank continue to manage the normalization of the policy rate toward the neutral level in a flexible and data-driven manner. The South African Reserve Bank ...
The South African Reserve Bank’s (SARB) Monetary Policy Committee (MPC) has reduced the repo rate by 25 basis points, with effect from today. “Four members preferred this action, while two ...
This comes after the central bank’s Monetary Policy Committee (MPC) voted for a 25BPS cut today, which translates to a 0. 25% cut in the repurchase rate (repo rate).
With inflation inching up to 3% last December, financiers are anticipating a 25-basis point interest rate cut this Thursday.
The Chair of South Africa’s Democratic Alliance Federal Chair, Helen Zille has warned the country’s government against ...
The South African Reserve Bank’s (SARB) Monetary Policy Committee (MPC) on Thursday decided to lower the repo rate by 25 basis points to 7.50%, effective from 31 January. This was announced at the MPC ...
The South African Reserve Bank will allow digital payment firms to handle certain licensed banking activities while it finalises a regulatory review that could open the door for non-banking ...
The South African Reserve Bank’s (SARB’s) monetary policy committee (MPC) meets every second month to announce changes – if any – to the country’s repo and prime lending rates.
The South African Reserve Bank (SARB) today commenced publishing the South African Rand Overnight Index Average (ZARONIA), which is a financial benchmark that reflects the interest rate at which ...
The EFF condemns the sickening, cruel, and senseless decision of the South African Reserve Bank Monetary Policy Committee to increase the repo rate by 75 basis points to 7% per year effective from the ...
South African President Cyril Ramaphosa said on Thursday that his government would launch another phase of reforms to try to ...
The World Bank raised its economic-growth forecast for South Africa because of a sustained recovery in its energy and ...