Mail & Guardian
Mail & Guardian
sarb interest rateslatest news & developments
South Africans could face rising living and borrowing costs after inflation accelerated to 4% in April, with economists warning that fuel-driven global price shocks — not domestic demand — are complicating the South African Reserve Bank’s interest rate outlook
APRIL INFLATION SOUTH AFRICA

Consumers face double blow as inflation rises and rate fears return

South Africans could face rising living and borrowing costs after inflation accelerated to 4% in April, with economists warning that fuel-driven global price shocks — not…

  • Hasina Kathrada
4 min read
Reserve Bank governor Lesetja Kganyago announced on Thursday that the monetary policy committee had increased the repo rate by 25 basis points to 7%, effective from 29 May.
BUSINESS

Reserve Bank cuts interest rates by a conservative 25 basis points

This comes as inflation cooled to 2.8% in October, below the Reserve Bank’s 3% to 6% target band

  • Anathi Madubela
3 min read