The Reserve Bank's acknowledgment that a rate hike had been discussed extensively has caused the rand to strengthen and bond yields to go up.
The repo rate will remain unchanged at 5%, meaning that the prime lending rate from banks to consumers will stay at 8.5%, says Gill Marcus.
South Africa needs to shield itself against capital outflows by boosting its foreign currency reserves, says Reserve Bank governor Gill Marcus.
The cost of manufacturing goods in South Africa rose higher in August than last month, meaning more pressure on consumer prices.
Governor Gill Marcus says the South African Reserve Bank will maintain the current repo rate.
The SA Reserve Bank deputy governor has assured the public that the bank will react should inflation breach the 6% mark for a prolonged period.
SA inflation figures, indicators of growth in Europe and China, US corporate earnings reports and elections in Japan will make for a busy week.
The South African Reserve Bank has announced it would keep the repo rate unchanged at 5%.
The SA Reserve Bank will announce its latest rates decision. No change is expected as policymakers balance inflation risks against growth concerns.
Results show manufacturing has rebounded, but the outlook for the sector is expected to remain challenging.
The cost of goods leaving factories rose at a slower pace in May than the previous month, easing pressure on the Reserve Bank to raise interest rates.
The rand has fallen even deeper, with the South African currency losing 1.7% of its value against the dollar in early trading on Monday.
Reserve Bank Governor Gill Marcus says rising inflationary risks from a weaker rand and a slowing economy are limiting room to adjust interest rates.
Low interest rates are not the only solution for economic growth, says South African Reserve Bank governor Gill Marcus.
The Reserve Bank governor has said policy makers’ core mandate is to control inflation even as economic growth forecasts are set to be lowered.
A flailing rand dogged by labour unrest and the threat of unreasonably high wages has prompted the SA Reserve Bank to keep the repo rate unchanged.
South Africa's monetary policy committee is due to discuss interest rates this week and the rand's weakness is most likely to dominate the agenda.