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.

Below are some quotes from South African Reserve Bank Governor Lesetja Kganyago at a news conference to announce the central ...

Governor Lesetja Kganyago on Thursday announced a cut to the repurchase rate (repo rate) by 25 basis points (BPS). This comes after the central bank's Monetary Policy Committee (MPC) met this week and ...

Property sector leaders criticise SARB's 25 basis point interest rate cut, arguing it fails to provide the necessary stimulus ...

Monetary Policy Committee (MPC) has decided to reduce the repo rate by 25 basis points, with effect from 30 May.

Petrol prices in South Africa have come down significantly since the formation of the Government of National Unity in 2024.

Despite most economists believing that the Reserve Bank would leave the repo rate unchanged at 7.25%, the MPC decided on a ...

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

JOHANNESBURG: The South African rand retreated on Friday following strong recent gains, but analysts said the outlook for the ...

South Africa's rand, government bonds and stocks strengthened on Thursday after the South African Reserve Bank (SARB) trimmed ...

Despite all of the uncertainty, this rate cut is not going to fan the flames of inflation and will perhaps provide a tiny spark to South Africa's woeful pace of economic growth. That much is at least ...