The South African Reserve Bank’s Monetary Policy Committee decided to cut the repo rate by 25 basis points to 7%, thanks to a lower-than-expected inflation rate and a stronger-than-expected rand.

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.

JOHANNESBURG--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 ...

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 maintained its policy rate at 7.50% at its last meeting in March, citing risks from U.S. President Donald Trump’s global trade war and uncertainty surrounding the ...

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 ...

South African Reserve Bank Governor, Lesetja Kganyago, on Thursday announced that the Monetary Policy Committee had voted to cut the interest rate by 0.25 percentage points on the back of lower ...

Economists polled by Reuters expect the South African Reserve Bank (SARB) to cut its main interest rate by 25 basis points to 7.25% on Thursday. South Africa’s inflation stayed below the SARB ...

The South African Reserve Bank (SARB) will announce its monetary policy decision at around 1300 GMT on Thursday. On the stock market, the Top-40 index was up 0.2%. South Africa's benchmark 2030 ...

Following a series of high-profile acquisitions, African Bank has seen its net profit after tax increase by 15%. African Bank has a new target – BusinessTech Markets data ...

"However, the easing of inflationary pressure, further aided by the South African Reserve Bank’s decision to cut and pause further interest rate reductions, has presented a bit of cautious ...

African Bank is 50% owned by the South African Reserve Bank, with the Government Employees Pension Fund owning 25%.A consortium of five South African banks holds the other 25% on a pro-rata basis ...