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.

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

JOHANNESBURG--The South African Reserve Bank held its main repo rate at 7.5% on Thursday, as tensions with the U.S. continue to rise amid escalating global uncertainty. On Friday, U.S. Secretary ...

South African property CEOs have welcomed the recent interest rate cut by the Reserve Bank, but they’re also not convinced this will continue.

Thursday’s repo rate cut is unlikely to bring much relief to cash-strapped consumers, as any savings will be offset by the ...

JOHANNESBURG (Reuters) - The South African Reserve Bank (SARB ... Sixteen of 22 economists said the SARB would keep the repo rate at 7.50% at next week's meeting, while six forecast a 25 basis ...

JOHANNESBURG, May 29 (Xinhua) -- South Africa's central bank cut its benchmark repo rate by 25 basis points to 7.25 percent on Thursday, citing subdued inflation and slowing growth, while lowering its ...

The repo rate is the rate at which the South African Reserve Bank lends money to commercial banks. This mechanism affects the cost of borrowing across the economy. When the Reserve Bank reduces ...

As it stands, opinion is divided over what the South African Reserve Bank's Monetary Policy Committee (MPC) may elect to do later this week.

Following the South African Reserve Bank’s (SARB) decision earlier today to lower its benchmark repo rate by 0.25%, FNB ...

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.