The December 2024 inflation data showed a rate of 3.0%, which was at the bottom end of the South African Reserve Bank’s (SARB’s) target range of 3% to 6% and well below the midpoint target of 4.5%.

Poor and middle class consumer will bear the brunt if VAT is increased by 2% on 12 March. Economists warn consumers are ...

According to Thalia Petousis, portfolio manager at Allan Gray, market forecasts suggest the South African repo rate may be cut ... last year for a 36.15% tariff increase from 2025 – and the ...

For every million rand that you owe on a home loan for example, your repayments have reduced by around R500 since September last year.

JOHANNESBURG, July 20 (Xinhua) -- The South African Reserve Bank, the country's central bank, said Thursday that it decided to maintain its repurchase rate at the current level of 8.25 percent as ...

South African Reserve Bank Governor Lesetja Kganyago said the bank would lower the repo rate by a quarter-point to 7.50% from 7.75%. The decision continues the cutting cycle begun in September and ...

The Congress of South African trade Unions (COSATU) welcomes the latest 25 basis points repo rate ... time salary increases have not kept pace with inflation. The inflation rate has decreased ...

The slower-than-anticipated increase strengthens expectations of a 25 basis-point interest rate cut at the South African Reserve ... has already reduced the key repo rate by 50 basis points ...

The Monetary Policy Committee meets again next Thursday to decide if the repo rate can be cut, which will bring some relief for consumers.

JOHANNESBURG, Sept. 19 (Xinhua) -- The South African Reserve Bank (SARB), the country's central bank, said Thursday that it has decided to cut the repurchase rate by 25 basis points to 8 percent ...

(Bloomberg) -- South African inflation quickened ... said David Omojomolo, Africa economist at Capital Economics. “We expect the repo rate to be cut by 25 basis points to 7.5% this month.” ...