South Africa welcomes 1st small interest rate cut in 4 years
South African economy under strain as MPC opts for modest repo-rate cut
There are scenarios where inflation could undershoot the baseline focus, if oil prices are lower or the exchange rate appreciates further
South African rand firms, markets focus on expected Fed rate cut
The South African rand was little changed in early trade on Friday, as markets weighed up bets on the size of a rate cut expected in the world's biggest economy next week.
South Africa Is First Country to Lower Rates After Fed Cut
SARB cut its main benchmark rate by a quarter percentage point to 8%.
South Africa Cuts Rates From 15-Year High
South Africa’s central bank cut interest rates by 25 basis points, lowering them from a 15-year high and marking the first easing in more than four years. The monetary policy committee reduced its benchmark rate to 8%,
S.Africa Central Bank Joins Rate Cut Movement
South Africa's central bank cut its benchmark interest rate for the first time since 2020 on Thursday, joining other nations in reducing borrowing costs as inflation eases.
South Africa Lowers Interest Rates for First Time Since 2020
South Africa's central bank cut interest rates for the first time in four years and signaled a more optimistic outlook for inflation. Danelee Masia, Deutsche Bank, South Africa and Sub-Saharan Africa Chief Economist,
South Africa Seen Sticking to Modest Rate Cut Despite Fed Cut
The South African Reserve Bank will likely lower interest rates by 25 basis points on Thursday, despite a larger-than-expected overnight move by the Federal Reserve as it turns the screws on inflation.
CNBC Africa42m
South African Markets – Factors to watch on Sept 20
The following scheduled economic event, company announcement, equity and currency market moves may affect South African ...
South Africa’s economy needs a shot in the arm, not austerity: 3 key areas where more public spending would get results
South Africa is in a slump, having experienced more than a decade of weak economic growth. GDP growth has averaged only 0.8% ...
South Africa Consumer Confidence Improves to a Five Year High
South African consumer confidence surged in the third quarter to pre-pandemic levels, driven by increased optimism about ...
Independent Online10d
The SARB's high interest rate margins: a hidden saboteur of the South African economy and job creation
For decades, South Africa’s economy has been shackled by a policy that, while ostensibly designed to manage inflation, has instead stifled growth, discouraged investment, and crippled job ...
South Africa’s move to green energy was slowed down by government to protect coal mining
By 2021, South Africa committed to raising US$8.5 billion (R161.5 billion) to transition the country to a low-carbon economy.
ISS13d
Can the GNU deliver? Shaping South Africa's economic and development future
The Institute for Security Studies’ African Futures team will present a long-term forecast of the impact of various sectoral ...
South Africa Treasury’s Guma Leaves, Reform Unit to Remain Priority
South Africa’s National Treasury said its “pool of skilled and competent officials” is sufficient to ensure that the work of ...
Engineering News1d
South Africa's green hydrogen programme attracts R800bn in projects – Deputy Minister
South Africa’s national green hydrogen programme has attracted projects worth R800-billion-plus, Public Works and ...
richest1d
Meet South Africa’s new petroleum company
A policy statement by President Cyril Ramaphosa has resulted in the formation of a new state-owned petroleum company.
中国日报网13d
Sino-African economic partnership deepened
China has emerged as a magnet for South African enterprises seeking to expand their footprint and capitalize on the country's economic dynamism, Ferreira said. Meanwhile, Chinese enterprises ...