Speakers at the South African Reserve Bank’s biennial conference seemed to favour a ‘higher for longer’ approach to interest rates amid ongoing economic uncertainty
Chile and Brazil are leading the pack with their recent interest rate cuts but South Africa is on its own timeline
Prices have slowly retreated from their July peak, when inflation increased at its highest rate since 2009
Inflation has breached the ceiling of the Reserve Bank’s target range for the first time in more than five years
A deep downturn is unlikely, analysts say. But, if it does happen, another recession will be even more difficult to recover from
Consumer inflation is expected to remain close to the central bank’s 6% ceiling, amid war-induced oil price rally
Covid-19 cast the economy adrift, but a less punishing new phase of the pandemic could set it back on track
Critics have said the repo rate hike will jeopardise already sluggish economic growth, but others say the gradual increase will have little effect
The decision to hike the repo rate by 25 basis points comes in the wake of red-hot inflation in advanced economies and fears policymakers will start to dial back on accommodative…
Reserve Bank launches feasibility study into a possible retail central bank digital currency, which is expected to be concluded in 2022.
Ahead of April 12, Britain has begun to put plans into place to cushion their potential push out of the European Union
A Roman temple has been restored to its original site seven metres below London, using sound, lights and misty haze to bring the ruin back to life.
With the news that British voters decided to leave the European Union, emerging market currencies – including the Rand – have taken a beating.
Banks have paid $150-billion collectively in fines, but critical reforms must continue, says Bank of England governor Mark Carney.
Mark Carney, the governor of the Bank of England up before the Treasury select committee was as intensely relaxed as ever.
