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Relief for South Africans
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.
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 continuing through next year. Projections suggest the repo rate will bottom out between 6.25% and 6.75%,” he said.
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 rates.
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 change.
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 stable, markets focus on Fed rate cut
The South African rand held steady on Tuesday, with investor focus on Wednesday's U.S. Federal Reserve policy decision which could see it deliver a big interest rate cut.
SA Reserve Bank announces interest rates which leave Mzansi unimpressed
biznews.com
16h
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 MSN
1d
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.
CNBC Africa
14h
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 ...
8h
on MSN
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 ...
2d
on MSN
Odds of UK interest rate cut this week fall after inflation sticks at 2.2% – business live
UK inflation rate remained unchanged last month, as air fares rose and petrol prices dropped, but underlying inflation has ...
1d
on MSN
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 ...
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