JOHANNESBURG—The South African Reserve Bank on Thursday maintained its main repo rate at 8.25% in an effort to keep inflation in check amid general uncertainty at home and abroad.

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.

South Africans’ heavy reliance on cash, instead of using advanced digital payment rails, costs the economy more than ...

All but two of 22 economists surveyed in the past week said the South African Reserve Bank (SARB) would cut rates by 25 basis points (bps) to 7.75% at its Nov. 21 meeting.

The South African Reserve Bank (SARB) will keep its repo rate unchanged on Nov. 23 and wait until May 2024 before cutting it, a Reuters poll found, ...

South African Reserve Bank Deputy Governor Francois Groepe has resigned, leaving only five people on the central bank’s rate-setting panel.. He will leave at the end of the month, which is after ...

South Africa’s ruling African National Congress reaffirmed the central bank’s role, mandate and independence in an annual policy statement. The assurance may allay fears of renewed attacks by ...

The South African Reserve Bank is the central bank of South Africa. It was established in 1921 after Parliament passed an act, the "Currency and Bank Act of 10 August 1920," as a direct result of ...

South African Reserve Bank to Pause Rate-Cutting Cycle, Resume in May Reuters Poll. By Reuters | March 14, 2025. By Reuters | March 14, 2025, at 10:03 a.m. Save. More.