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South Africa's rand, government bonds and stocks strengthened on Thursday after the South African Reserve Bank (SARB) trimmed its main lending rate, citing well-contained inflation. At 1525 GMT, the ...
By Sfundo Parakozov, Kopano Gumbi and Alexander Winning PRETORIA (Reuters) -South Africa's central bank was unexpectedly decisive in cutting interest rates on Thursday, with all members of its ...
Key topicsInflation silently erodes savings and investor confidenceSARB reforms needed to protect the rand and economic ...
The South African Reserve Bank (SARB) Monetary Policy Committee (MPC) has voted to cut the country’s interest rates by 25 ...
Monetary Policy Committee (MPC) has decided to reduce the repo rate by 25 basis points, with effect from 30 May.
South African property CEOs have welcomed the recent interest rate cut by the Reserve Bank, but they’re also not convinced ...
An economist believes the South African Reserve Bank may deliver good news to South Africans when it announces the repo rate on Thursday afternoon.
The South African rand was steady in early trade on Thursday, ahead of a much-anticipated interest rate decision by the South African Reserve Bank (SARB) and monthly producer inflation figures.
Photo: Kevin Lamarque/Reuters 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 ...
South Africa’s inflation-targeting regime is formally structured as a range of 3.0% to 6.0%, jointly articulated by the South African Reserve Bank (SARB) and the National Treasury. Although never ...
The announcement comes as the bank foresees lower global interest rates and a weaker outlook for the local economy ...