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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 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 ...
SA’s central bank goes digital — but can it swipe right on the informal economy?
South Africa’s central bank is pushing a major move toward digital payments, even though current systems fall short for ...
South Africa's exports face decline amid economic challenges
All indications were that exports are set to slow given the current economic climate, recent indicators, as well as surveys ...
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 ...
Moneyweb2d
OECD backs Sarb push to lower South Africa’s inflation target
Reduce the inflation target and consider reducing the band around it,' was one of the key recommendations in the OECD’s 2025 ...
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 ...
BusinessTech2d
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 ...
Bizcommunity.com on MSN3d
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, ...
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 ...
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.