News

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 central bank is pushing a major move toward digital payments, even though current systems fall short for ...
The South African rand was weaker in early trade on Thursday, ahead of local first-quarter current account data. At 0551 GMT ...
All indications were that exports are set to slow given the current economic climate, recent indicators, as well as surveys ...
Reduce the inflation target and consider reducing the band around it,' was one of the key recommendations in the OECD’s 2025 ...
South African Finance Minister Enoch Godongwana said he is waiting for a report on the country’s inflation-targeting ...
The South African new vehicle market has seen eight months of growth, a positive sign for a key employer that took a hit in ...
Below are some quotes from South African Reserve Bank Governor Lesetja Kganyago at a news conference to announce the central ...
Monetary Policy Committee (MPC) has decided to reduce the repo rate by 25 basis points, with effect from 30 May.
New passenger car sales reached 31,741 units in May, up 30% from 24,419 units in May 2024. Light commercial vehicles, ...
The South African rand was steady in early trade on Thursday, ahead of a much-anticipated interest rate decision by the South ...