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.

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. Two expected a 50bps cut.

This paper focuses on South Africa’s Central Bank Transparency Code Review. The South African Reserve Bank (SARB’s) strategic commitment to open and transparent communications should be anchored in a ...