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South Africa's rand, government bonds and stocks strengthened on Thursday after the South African Reserve Bank (SARB) trimmed its main lending rate, citing well-contained inflation. At 1525 GMT, the ...
By 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 ...
Key topicsInflation silently erodes savings and investor confidenceSARB reforms needed to protect the rand and economic ...
South African property CEOs have welcomed the recent interest rate cut by the Reserve Bank, but they’re also not convinced ...
A Reserve Bank research document says a lower inflation target coupled with a revised borrowing strategy could save the ...
The South African rand was steady in early trade on Thursday, ahead of a much-anticipated interest rate decision by the South African Reserve Bank (SARB) and monthly producer inflation figures.
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.
South Africa’s inflation-targeting regime is formally structured as a range of 3.0% to 6.0%, jointly articulated by the South African Reserve Bank (SARB) and the National Treasury. Although never ...
South African Finance Minister Enoch Godongwana said he is waiting for a report on the country’s inflation-targeting ...
A rate cut last week by the South African Reserve Bank added impetus to a bond rally that’s seen yields on benchmark ...
New passenger car sales reached 31,741 units in May, up 30% from 24,419 units in May 2024. Light commercial vehicles, ...