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South African central bank cuts rates and doubles down on lower inflation target - MSNBy 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 ...
The Reserve Bank’s plan to narrow the inflation target to 3% for stability, lower costs and growth should be positive for ...
South Africa's central bank believes it has reached a "neutral zone" on interest rates after its latest cut and now needs government reforms to spark stronger economic growth, Reserve Bank ...
South African property CEOs have welcomed the recent interest rate cut by the Reserve Bank, but they’re also not convinced ...
The South African Reserve Bank (SARB) Monetary Policy Committee (MPC) has voted to cut the country’s interest rates by 25 basis points. This brings the repo rate down to 7.25% and the prime lending ...
Growing geopolitical tensions and global policy uncertainty are among the biggest risks facing South Africa’s financial ...
Thursday’s repo rate cut is unlikely to bring much relief to cash-strapped consumers, as any savings will be offset by the ...
The fuel levy increases will compound existing cost pressures for SMEs, particularly those in logistics, manufacturing, and retail sectors that rely heavily on transportation.' ...
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