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The past 12 months have brought continued relief for South African motorists, with a total of R2.90 per litre in petrol price cuts since June 2024.
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Reserve Bank Governor Brings Message of Hope to Soweto Amid Economic Challenges - MSNHis remarks followed the South African Reserve Bank’s (SARB) decision to cut interest rates by 25 basis points, offering some relief to consumers grappling with persistent economic pressures.
South Africa’s low economic growth prospects continue to underpin the rand’s weakness. The currency is not expected to reach its fair value of close to R16.00/$ until the fundamentals for ...
South African consumers cheered as the South African Reserve Bank (Sarb) cut the interest rate this past week, however, a wider view shows that the relief could be undone by other costs increasing.
African Bank is 50% owned by the South African Reserve Bank, with the Government Employees Pension Fund owning 25%.A consortium of five South African banks holds the other 25% on a pro-rata basis: ...
South Africa’s central bank plans to expand its examination of climate risk to the insurance industry, as it seeks to anticipate threats that can do far-reaching economic harm.
A rate cut last week by the South African Reserve Bank added impetus to a bond rally that’s seen yields on benchmark government securities falling to the lowest level in more than six months.
The South African Reserve Bank has lowered interest rates in response to a low inflation rate, but experts warn that rising taxes could still burden households. This article explores the ...
In my 12 years on the South African Reserve Bank’s Monetary Policy Committee (MPC) I have spent more time trying to gauge the impact of supply shocks, and communicating how we distinguish between ...
JOHANNESBURG - Julius Malema, the South African politician who President Donald Trump wants arrested for repeatedly chanting "kill the farmer," is reportedly a Rolex watch-wearing Gucci ...
JOHANNESBURG, June 2 (Reuters) - The South African rand strengthened against a weaker dollar on Monday, shrugging off a further decline in local manufacturing sentiment and upbeat vehicle sales ...
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