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 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 ...
South African central bank cuts rates and doubles down on lower inflation target
By Sfundo Parakozov, Kopano Gumbi and Alexander Winning PRETORIA (Reuters) -South Africa's central bank was unexpectedly ...
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.
Moneyweb15h
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 ...
Moneyweb2d
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 ...
Bizcommunity.com on MSN1d
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, ...
Polity.org.za2d
South Africa sees R870bn of debt savings with new CPI goal
A lower South African inflation target coupled with a revised borrowing strategy could save the government as much as ...
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 ...
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 ...