The rand and the JSE took a hit after Trump accused South Africa of confiscating land with the Expropriation Act.
Below are some quotes from South African Reserve Bank Governor Lesetja Kganyago at a news conference to announce the central bank’s latest interest rate decision. “Moving to consumer prices ...
Reserve Bank Governor Lesetja Kganyago has announced a 25-basis-point rate cut for South Africa, lowering the prime lending rate to 11%—the third consecutive reduction by the Central Bank. This move ...
The South African Reserve Bank (SARB) announced a cut in the repurchase rate on Thursday, taking it to 7.5%. Frank Blackmore, Lead Economist at KPMG South Africa MPC Reaction said that the ...
The South African Reserve Bank (Sarb) has reduced interest rates by 25 basis points and the cut is an opportunity for South African consumers in debt to manage their finances more effectively.
For every million rand that you owe on a home loan for example, your repayments have reduced by around R500 since September ...
It’s important to remember that foreign currency cannot ... emigration from South Africa. Navigating Sarb’s exchange control regulations While the South African Reserve Bank’s exchange ...
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 ...
The interplay between a surging dollar, rising US yields and the opportunities in the South African markets highlights the importance of diversification in portfolio construction.
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 ...
exchange rate traded mostly flat on Thursday despite an increase in Reserve Bank of Australia (RBA) interest rate cut bets. » Pound to Dollar News: GBP/USD Exchange Rate Flat despite Hawkish FED ...
NAIROBI, Jan 31 (Reuters) - Africa's development bank is proposing ... be converted at an agreed rate. "The idea borrows from the Gold Standard that anchored global currency stability," the ...