The US Federal Reserve's recent decision to maintain interest rates could have significant implications for the South African ...

South Africa's headline inflation rate remained at 2.8% year on year in May, unchanged from the previous month as expected by ...

South African property CEOs have welcomed the recent interest rate cut by the Reserve Bank, but they’re also not convinced ...

The announcement comes as the bank foresees lower global interest rates and a weaker outlook for the local economy ...

Despite the global environment becoming less tense since the March meeting, the central bank will remain cautious, economists say ...

The Reserve Bank’s Monetary Policy Committee will be meeting next week to decide on its next move on interest rates, with economists predicting a close call.

As it stands, opinion is divided over what the South African Reserve Bank's Monetary Policy Committee (MPC) may elect to do later this week.

As expected by most economists, the South African ... 2023, rates have been cut four times. But the last decrease was four months ago, with the MPC concerned about the impact of shock US tariffs - ...

The prime lending rate that banks use as a benchmark when lending to customers is 10.75%. For a while the cuts have been small but there cumulative effect has resulted in a full percentage point ...

Thursday’s repo rate cut is unlikely to bring much relief to cash-strapped consumers, as any savings will be offset by the ...

New passenger car sales reached 31,741 units in May, up 30% from 24,419 units in May 2024. Light commercial vehicles, including bakkies and minibuses, increased 5.8% to 10,938 units. Medium and heavy ...

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.