The mining industry is riding a wave that will eventually crash, analysts warn
Last week’s violence will likely slow South Africa’s economic growth, the central bank’s monetary policy committee said on Thursday afternoon
Reserve Bank stands at the ready to act if the rise in inflation threatens to become permanent
The South African Reserve Bank cautioned that if it was not for load-shedding, the country’s economy could have been stronger
The South African Reserve Bank’s MPC has decided to keep the repo rate unchanged, at 3.5%, to let the actions it took last year trickle down into the economy
Repo rate drops to 3.5% as Reserve Bank predicts a 7.3% contraction in South Africa’s GDP
The Monetary Policy Committee has cut the repurchase rate by a further 50 basis points, after a two consecutive cuts of 100 basis points earlier this year
The central bank warns of the harmful effect of Covid-19 on the economy, while the treasury details more plans to ease the pain
Governor Lesetja Kganyago warns of upward pressure on inflation and the challenging outlook for domestic growth
Nedbank Group’s Economic Unit forecasted on Monday that interest rates in South Africa will remain unchanged into late 2019
A rate hike is on the cards, economists say, ahead of a monetary policy committee meeting this week.
Bonds are rallying after the Reserve Bank’s hiked rates in an effort to assure South Africans and investors that inflation will not run away.
Reserve Bank Governor Gill Marcus announced an interest rate hike on Thursday, while highlighting strike action and excessive salaries and bonuses.
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.
Governor Gill Marcus says the South African Reserve Bank will maintain the current repo rate.
Cosatu says the South African Reserve Bank has "missed yet another opportunity" to alleviate unemployment by keeping 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.
The rand has held steady against the dollar in early trade but looked vulnerable after hitting a four-year low in the previous session.
The rand continued to drift upwards against the dollar after coming close to a 3-1/2 year low last week.
No image available
/ 18 January 2012
Fedusa says the South African Reserve Bank should cut the repo rate by at least 100 basis points to stimulate the economy and create jobs.
Reserve Bank governor Gill Marcus says the monetary policy will maintain its focus on hitting a 3% to 6% inflation target over the medium term.
Reserve Bank governer Gill Marcus cites global and local risk factors in holding rates steady.
No image available
/ 10 November 2011
The Reserve Bank is under pressure to balance the potential of a full-blown financial crisis in Europe with weak growth domestically.
In line with market expectations, Reserve Bank governor Gill Marcus says the repo rate will stay at 5.5%, its lowest level in 30 years.
The South African Reserve Bank has left the repo rate unchanged at 5.5% and the prime rate at 9%.
South Africa may be past its growth peak for 2011 in the light of uncertainty about the global economy and nationalisation.
Monetary policy may remain favourable to the economy and inflation expectations are still within the central bank’s target range, says Monde Mnyande.
South Africa’s rand steadied against the dollar on Thursday and was likely to trade within a narrow range ahead of SA’s interest rate decision later.
The South African Reserve Bank remains concerned about the effects of rising oil and food prices on the outlook for inflation, Gill Marcus says.
No image available
/ 20 January 2011
Government’s attempts to curb the rapid strength of the rand were becoming increasingly costly and having little effect on the currency.
The SA Reserve Bank is "likely" to cut the repo rate by 50 basis points at its monetary policy committee meeting on July 22, Standard Chartered said.
South Africa’s central bank cut its repo rate by 100 basis points to 9,5% on Tuesday, as expected, to help boost waning growth.