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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 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 ...
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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 ...
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 ...
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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 ...
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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.