Business Good news at last: Inflation hits new low Cape Town – South Africa’s inflation fell to 2.7% in March — its lowest level in nearly five years... Read more 23 Apr
Business Inflation target concerns from SARB chief Kganyago Cape Town – South African Reserve Bank Governor Lesetja Kganyago has reiterated his call to lower the country’s inflation... Read more 28 Mar
Business Uncertainty looms over South Africa’s economic recovery: What’s next? Cape Town – The South African Reserve Bank has revised its 2025 economic growth forecast from 1.8% to 1.7%,... Read more 22 Mar
Business SARB keeps repo rate at 8.25% Cape Town — The South African Reserve Bank’s (SARB) Monetary Policy Committee (MPC) announced the unanimous decision to keep... Read more 28 Mar, 2024
Business Kganyago term extended, will bring stability to SA economy Cape Town — President Cyril Ramaphosa has re-appointed Lesetja Kganyago as the South African Reserve Bank (SARB) governor for... Read more 16 Mar, 2024
Business Kganyago sounds alarm on inflation risks linked to ongoing electricity woes Cape Town – Reserve Bank Governor Lesetja Kganyago says that the electricity crisis and logistics challenges are still posing... Read more 26 Jan, 2024
Business SARB holds interest rates steady ahead of festive season Cape Town – The South African Reserve Bank (SARB) has decided to keep the repurchase rate unchanged at 8.25%,... Read more 23 Nov, 2023
Countries Reserve Bank governor: Phala Phala cash a ‘security deposit’ Cape Town – South African Reserve Bank governor Lesetja Kganyago has provided a defence of the bank’s investigation into... Read more 30 Aug, 2023
Business Reserve Bank to hold interest rates steady – for now South African consumers received a bit of good news after the South African Reserve Bank (SARB) announced on Thursday... Read more 21 Jul, 2023
Business SARB warns of potential secondary sanctions over Ukraine stance Cape Town – The Reserve Bank of South Africa has issued a warning that the government’s stance on the... Read more 7 Jun, 2023