Despite a slight uptick in South Africa's inflation to 3%, economists predict necessary interest rate cuts, citing a subdued price environment and weak pricing pressures.

Despite a slight uptick in South Africa's inflation to 3%, economists predict necessary interest rate cuts, citing a subdued ...

But in June, food prices continued to heat up. Food and non-alcoholic beverages were 5.1% more expensive than a year ago. Beef was a big contributor, as foot-and-mouth disease fuelled price hikes.

South Africa's headline consumer inflation rose to 3.0% year on year in June from 2.8% in May, statistics agency data showed ...

Statistics South Africa said annual inflation for food and non-alcoholic beverages hit a 15-month high in June, a significant ...

Lisette IJssel de Schepper, chief economist at the Bureau for Economic Research (BER), says the BER expects a modest acceleration in headline inflation to 3.0%. “Higher food prices likely contributed ...

Former RBI Governor Raghuram Rajan has said repo rate cuts by the Reserve Bank in recent times are not a "magic bullet" that ...

Old Mutual chief economist Johann Els expects the Reserve Bank to cut interest rates in July, supporting consumer spending and economic growth, but anticipates rates will remain steady thereafter.

The South African rand held steady in early trade on Monday, with the main focus this week on inflation data that will influence the central bank's thinking on interest rates.

It is therefore not possible to achieve a sudden downward adjustment to the unemployment rate from 32.9% to 10% without a ...

South African vehicle shipments to the United States have plunged after U. S. import tariffs were escalated, posing a serious ...

After 25 years at South Africa’s biggest retail bank, Capitec CEO Gerrie Fourie is stepping down. But don’t expect a quiet goodbye or a conventional retirement.