The central bank reduced the key interest rate on the back of expectations for inflation to tick lower amid higher growth.
The South African Reserve Bank's Monetary Policy Committee has unanimously decided to lower the repo rate to 6.75%, providing ...
The rand was steady on Thursday after the South African Reserve Bank (SARB) cut its main lending rate at the first meeting ...
This was the first Reserve Bank monetary policy committee meeting since finance minister Enoch Godongwana announced a new ...
Analysts are split on whether the Reserve Bank will cut or keep rates unchanged as inflation remains above the new 3% target.
Reserve Bank Governor Lesetja Kganyago announced the Monetary Policy Committee's latest repo rate decision on Thursday.
Some economists say the MPC will cut the repo rate by 50 basis points, while others believe it will keep the rate unchanged.
JOHANNESBURG - The South African Reserve Bank's Monetary Policy Committee (MPC) has cut rates by 25 basis points.
One welcome trend is the steady moderating of food inflation, and vegetable prices have fallen into deflationary territory.
Annual consumer inflation edged higher in October, putting pressure on expectations for interest rate cuts this week—though ...
The South African rand was little moved on Wednesday after the release of slightly better-than-expected inflation data as ...