Photo: Kevin Lamarque/Reuters 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.

PRETORIA, May 29 (Reuters) - 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.

The South African Reserve Bank's (SARB) Monetary Policy Committee (MPC) has decided to reduce the repo rate by 25 basis points, with effect from 30 May. This reduces the prime lending rate from ...

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 ...

JOHANNESBURG, May 28 (Reuters) - The South African rand was flat in early trade, as traders held off from big bets before the central bank's interest rate decision on Thursday. At 0645 GMT, the ...

The Excelerate strategy is the bank’s plan to offer an IPO, as the South African Reserve Bank plans to sell its stake in the bank after acquiring part of the bank a decade ago when it was placed ...

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 ...

@2024 - All Right Reserved.

The South African Reserve Bank (SARB) presented detailed modelling of the impact of a 3% inflation target, compared to the 4.5% level it aims for at the midpoint of its current 3% to 6% target range.

“We’re increasingly seeing fraudsters impersonate respected bodies such as the South African Reserve Bank, SARS or the SAPS,” Khan said. “They claim to be investigating customers for ...

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. Earlier this month, South African ...

The rand advanced on Thursday, buttressed by the central bank stressing its strong preference for a lower inflation target at a monetary policy announcement. The South African Reserve Bank (SARB ...