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 Africa welcomes first small interest rate cut in four years
Although there is not a significant savings for South Africa bond holders, the 0.25 cut was met with a sigh of relief from homeowners who have been holding on tight during the upw
South Africa: Cautious optimism as Reserve Bank cuts rates due to inflation decline
The interest rates are cut for the first time in more than four years in South Africa, and some analysts are hoping this will turn the tide.
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 Is First Country to Lower Rates After Fed Cut
SARB cut its main benchmark rate by a quarter percentage point 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 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.
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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 ...
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Cabinet welcomes positive economic numbers
Cabinet has welcomed the positive economic indicators following the slight growth in the country’s gross domestic product ...
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 ...
The Citizen21h
South Africa’s hidden economic potential: The case for more women engineers
Engineering has historically been a male-dominated profession, fostering a perception that women are unwelcome or ill-suited.
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.
Zawya10h
South Africa: Sanedi shares lessons from 12L tax incentive success
The incentive has been able to generate new jobs, maintain existing jobs, and generate a residual effect of indirect jobs ...
FX Shortages, Economy Woes Keep African Currencies Pressured
While emerging-market currencies have broadly benefited from a softer US dollar this quarter, African currencies have bucked ...
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% ...
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Obasanjo seeks robust economic ties among African countries
Former President, Olusegun Obasanjo, has urged African countries to pool their resources together toward forming stronger pan ...