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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: 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.
It’s good, but not great: South Africa first 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 African rand firms, markets focus on expected Fed rate cut
The South African rand was little changed in early trade on Friday, as markets weighed up bets on the size of a rate cut expected in the world's biggest economy next week.
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 Africa Is First Country to Lower Rates After Fed Cut
SARB cut its main benchmark rate by a quarter percentage point to 8%.
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.
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 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,
3h
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 ...
13d
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% ...
Miningreview
1d
Illegal mining threatens South Africa’s economy
The desperation leading to illegal mining and criminal networks exploits vulnerable individuals, causing significant damage ...
The Citizen
18h
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.
Engineering News
34m
South African Businesses Flourishing on a Global Stage
An inside look at local SMEs flying SA’s flag high abroad In the ever-changing world of business, South African small and medium enterprises (SMEs) are making waves on the global stage. These dynamic ...
2d
South Africa Consumer Confidence Improves to a Five Year High
South African consumer confidence surged in the third quarter to pre-pandemic levels, driven by increased optimism about ...
ITWeb
1h
MTN, ZTE achieve Africa's first 5G ultra-range maritime coverage in SA
MTN collaborates with ZTE on Africa's first 5G marine coverage to explore the ocean economy and protect the marine ecological ...
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