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.

The MPC now expects growth of 0.9% this year, from its previous forecast of 1%. In 2026, it now sees growth of 1.3%, down ...

South African Reserve Bank Governor Lesetja Kganyago said the bank would lower the repo rate by a quarter-point to 7.50% from 7.75%. The decision continues the cutting cycle begun in September and ...

South Africa, by contrast to the US, only experienced 0.50% worth of rate cuts last year – taking the overnight repo rate from 8.25% to 7.75%.

The South African Reserve Bank held its main repo rate at 7.5% on Thursday, as tensions with the U.S. continue to rise amid escalating global uncertainty.

The South African Reserve Bank (SARB) cut its repo rate by 25 basis points (bps) to 7.25% (ZAREPO=ECI), lowering its inflation and economic growth forecasts for this year and next.

South Africa's central bank paused its rate-cutting cycle on Thursday as risks stemming from U.S. President Donald Trump's global trade war and the country's deadlocked national budget overshadow ...

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.

The South African Reserve Bank's split decision to keep the repo rate at 7.50% was in line with the median forecast of economists polled by Reuters and follows rate cuts at the previous three ...