Mail & Guardian
Mail & Guardian

Monetary Policy South Africa

latest 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
The African Development Bank (AfDB) says South Africa’s well-developed financial sector has the potential to be the continent’s powerhouse.
AFDB REPORT 2025

South Africa must unlock financial sector for growth, says African Development Bank

The AfDB says the country’s economy continues to underperform, weighed down by structural deficiencies that constrain the financial sector

  • Nkateko Joseph Mabasa
3 min read
A weaker dollar could lower South Africa’s import costs, especially oil, which affects everything from fuel prices to transport tariffs.
3 INFLATION ANCHOR

From groceries to bonds: How a 3% inflation target will affect you

The Reserve Bank’s plan to narrow the inflation target to 3% for stability, lower costs and growth should be positive for households and businesses

  • Nkosinathi Mtshali
5 min read