South African Reserve Bank cuts interest rate
There was good news for South Africans in debt on Thursday when the SARB's monetary policy committee elected to cut the interest rate.
South Africa central bank joins easing club with 25 basis point rate cut
South Africa's central bank struck a measured tone after its first rate cut in more than four years on Thursday, saying although inflation had fallen faster than expected there were still risks to the outlook.
South African Reserve Bank Cuts Repo Rate to 8% in First Reduction Since 2020
The decision to cut the repo rate signals a shift towards a more accommodative monetary policy stance in light of favorable inflation trends and supportive economic indicators.
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 cools after strong gains in data-filled week
The South African rand softened on Friday, cooling off after strong gains in a week that saw interest rate cuts by both the U.S. Federal Reserve and the South African Reserve Bank, plus a local inflation print.
Rand Gains With SARB Poised For First Rate Cut in Four Years
The rand gained Thursday morning ahead of a South African Reserve Bank interest rate decision, where the central bank is expected to deliver its first cut since July 2020.
USD/ZAR: Rand levels to watch as SARB starts rate cuts
The South African rand surged to its highest point since July after the Federal Reserve started cutting interest rates and as the country’s central bank prepares for its cut. The USD/ZAR exchange rate dropped to a low of 17.
South African inflation falls more than expected, sets stage for rate cut
South Africa's inflation rate fell more than expected last month to its lowest since April 2021, data showed on Wednesday, reinforcing expectations that the central bank will cut interest rates this week.
biznews.com12h
EFF behind fresh attempt by politicians to control SA Reserve Bank – Patrick McLaughlin
Julius Malema has once again proposed nationalising the South African Reserve Bank (SARB), reigniting a contentious debate.
Independent Online on MSN1d
Relief at last for South Africans as Reserve Bank cuts interest rate by 25 basis point
The South African Reserve Bank’s (SARB) Monetary Policy Committee (MPC) has decided to finally cut the interest rate.
Mail & Guardian1d
Reserve Bank cuts repo rate to 8%
“The Sarb [South African Reserve Bank] is likely to mirror this rate path, with cuts expected at the end of the month and ...
businesstech.co.za1d
Reserve Bank cuts rates by 25 basis points
The South African Reserve Bank has finally delivered some much-needed relief to consumers in the country by electing to cut ...
The Citizen1d
Reserve Bank cuts repo rate by 25 basis points thanks to diminished risks
Overindebted consumers breathed a sigh of relief as the Reserve Bank decided to but the repo rate after 16 months of no ...
CNBC Africa10h
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 markets on Friday. ECONOMIC EVENTS South Africa’s government will hold its ...
Stock Market Today: Dow finishes above 42,000 for first time in history after Fed's big rate cut
The Federal Reserve's closely followed overnight reverse-repo facility already has begun to reflect Wednesday's big ...