News

South African rand weaker before Q1 current account data
The South African rand was weaker in early trade on Thursday, ahead of local first-quarter current account data. At 0551 GMT ...
South African Reserve Bank Cuts Main Repo Rate to 7.25%
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.
South African Finance Chief Awaiting Inflation-Targeting Report
South African Finance Minister Enoch Godongwana said he is waiting for a report on the country’s inflation-targeting ...
BusinessTech1d
The tide is turning for one of South Africa’s most important employers
The South African new vehicle market has seen eight months of growth, a positive sign for a key employer that took a hit in ...
South African central bank governor's comments on rate decision
Below are some quotes from South African Reserve Bank Governor Lesetja Kganyago at a news conference to announce the central ...
Scam warning to people with bank accounts in South Africa
Standard Bank has warned of a sharp rise in increasingly sophisticated scams, ranging from phishing and extortion to ...
Bizcommunity.com on MSN2d
South Africa new vehicle sales climb 22% in May as interest rate cut boosts confidence
New passenger car sales reached 31,741 units in May, up 30% from 24,419 units in May 2024. Light commercial vehicles, ...
Moneyweb3d
South African bond auction demand soars as budget path clears
A rate cut last week by the South African Reserve Bank added impetus to a bond rally that’s seen yields on benchmark ...
South African rand steady before interest rate decision, PPI data
The South African rand was steady in early trade on Thursday, ahead of a much-anticipated interest rate decision by the South ...
CNBC Africa8d
South African central bank cuts key rate with inflation well-contained
South Africa’s central bank cut its main interest rate by 25 basis points to 7.25% on Thursday, after inflation came in below ...
Wall Street Journal8d
South African Reserve Bank Cuts Main Repo Rate to 7.25%
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.