Interest Rates

latest news & developments

Food relief, fuel squeeze

South Africa's food inflation ticked up modestly in August after months of decline, but intensifying fuel price pressures and potential El Niño drought risks threaten to squeeze…

South African Reserve Bank. Photo: Supplied

SARB keeps interest rates unchanged as economists weigh inflation and growth risks

The South African Reserve Bank's decision to keep interest rates unchanged has been welcomed by the property sector, providing relief for homeowners and prospective buyers and…

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.

Reserve Bank hikes interest rate for first time since 2023 as oil shock, inflation risks mount

South African Reserve Bank raises interest rate to 7%, warning that oil shocks, food inflation and global instability could drive prices higher

Risk response: When single women dominate the first-time buyer market in a country with chronic
unemployment and rising living costs it tells us that traditional safety nets have failed. Photo: Freepik/AI

Single women lead home buying

Many of them buy for control over their own lives and protection rather than prestige. That’s worrying

The South African Reserve Bank is likely to hold interest rates unchanged

Reserve Bank likely to leave interest rates unchanged on Thursday

Despite the global environment becoming less tense since the March meeting, the central bank will remain cautious, economists say

Consumer inflation edged higher to April to 2.8% year-on-year from 2.7% in March, driven mainly by the housing and utilities as well as the alcoholic beverages and tobacco categories, Statistics South Africa said on Wednesday.

April consumer inflation edges higher to 2.8% year-on-year

April’s slight uptick suggests that the Reserve Bank will keep the benchmark repo rate at 7.5% next week

Consumer inflation edged higher to April to 2.8% year-on-year from 2.7% in March, driven mainly by the housing and utilities as well as the alcoholic beverages and tobacco categories, Statistics South Africa said on Wednesday.

Inflation eases to 2.7% year-on-year in March

The South African Reserve Bank is unlikely to cut interest rates next month, because of inflationary pressures that lie ahead

Consumer inflation edged higher to April to 2.8% year-on-year from 2.7% in March, driven mainly by the housing and utilities as well as the alcoholic beverages and tobacco categories, Statistics South Africa said on Wednesday.

Consumer inflation ticks up for third straight month as Stats SA adjusts basket

The South African Reserve Bank has warned of an upside risk to the inflation outlook

South African Reserve Bank governor Lesetja Kganyago. Photo: Waldo Swiegers/Bloomberg/Getty Images

Reserve Bank cuts repo rate to 7.5%

This was despite the central bank highlighting upside risks to the inflation outlook

The South African Reserve Bank is likely to hold interest rates unchanged

Reserve Bank expected to cut rates by 25 basis points this week

A third consecutive interest rate cut will help stimulate the economy, but the central bank will also be cautious about inflation pressures

Many railway lines are underutilised or abandoned, with over 30% of Africa’s rail infrastructure inoperable.

Economy 2025: A GNU hope, but ports, rail and water crisis likely to hinder growth

The country’s ports and rail systems are shambolic, but GNU and a pause in load-shedding have elicited some optimism

Consumers should spend cautiously, despite the positive outlook for the year
 (Getty Images)

Personal finance: sustainable budgeting tips to stretch your money in 2025

Consumers should spend cautiously, despite the positive outlook for the year

Gold prices have surged by more than 30% in 2024, repeatedly hitting record highs as global economic uncertainty drives demand for the precious metal.
 (Andrey Rudakov/Bloomberg via Getty Images)

South Africa risks missing out on gold price surge due to structural challenges in mining sector

Prices have increased by over 30%, favouring gold-producing countries like South Africa, but structural issues are dampening opportunities This content is restricted to…

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.

Reserve Bank cuts repo rate to 8%

This comes as inflation eased to 4.4% in August, below the midpoint of the Reserve Bank’s 3-6% target band

Consumers are spending more than 40% of their disposable income on repaying debt, survey shows. (Getty Images)

South African households under R2.5 trillion debt stress

Consumers are spending more than 40% of their disposable income on repaying debt, survey shows