The South African Reserve Bank and National Treasury have been working on revising the inflation goal for almost a year and will hold a conference on the matter next month. Inflation averaged 2.9% ...
The South African Reserve Bank will trim its repo rate next week by a quarter of a percentage point to 7.50% and repeat that in March, but then delay its final 25 basis point cut of the cycle to the ...
The South African Reserve Bank (SARB) remains in the spotlight as the Standing Committee on Finance continues its investigation into the billions in retirement funds allegedly siphoned off during ...
The South African Reserve Bank will trim its repo rate next week by a quarter of a percentage point to 7.50% and repeat that in March, but then delay its final 25 basis point cut of the cycle to ...
The South African Reserve Bank’s Prudential Authority (PA) recently fined Standard Bank South Africa (SBSA) R13 million for failing to comply with certain legal requirements under the Financial ...
In a move set to make the life of business owners in the country easier, the South African Reserve Bank (SARB) granted regulatory approval for a groundbreaking partnership designed to ...
Economists polled by Reuters had expected a rate of 3.2%, still well below 4.5% - the level the South African Reserve Bank (SARB) aims for. "The smaller-than-expected rise in South Africa's ...
The third cut in a row brings the South African Reserve Bank's key repo rate to 7.50% and the prime lending rate to 11%, heralding more relief for hard-pressed consumers and businesses.
with eyes also on the South African Reserve Bank's (SARB) rate decision next week. At 1406 GMT, the rand traded at 18.37 against the U.S. dollar , about 0.9% firmer than its previous close.
Economists are expecting the South African Reserve Bank to cut interest rates by 25 basis points when it concludes its monetary policy meeting this week, essentially bringing the repo rate down to ...
Next week, domestically focused investors will look to the South African Reserve Bank (SARB) when it announces its first interest rate decision for 2025 on Jan. 30. “With the SARB, Fed and ...
JOHANNESBURG, Jan. 30 (Xinhua) -- The South African Reserve Bank (SARB), the country's central bank, on Thursday announced its decision to reduce the repurchase rate by 25 basis points ...