Business

Explainer: Why does the rand exchange rate matter

By GroundUp Staff Image provided by The Outlier In his quarterly statement on Thursday, Reserve Bank governor Lesetja Kganyago pointed out that... Read more

30 Jan

Business

South Africa cuts key rate on stable currency

Johannesburg – South Africa’s central bank trimmed its main lending rate on Thursday, easing monetary policy to support a... Read more

29 May, 2025

Business

SA central bank joins rate cut movement

Johannesburg – South Africa’s central bank cut its benchmark interest rate for the first time since 2020 on Thursday,... Read more

20 Sep, 2024

Business

SA hikes interest rate, inflation forecast

Johannesburg – The South African Reserve Bank (SARB) raised its main interest rate on Thursday to a 14-year high... Read more

26 May, 2023

Business

South Africa central bank hikes rate, sees weak GDP growth

Pretoria – South Africa’s central bank raised its main interest rate again to battle inflation on Thursday, but at... Read more

27 Jan, 2023

Business

South Africa’s central bank imposes another steep rate hike

Johannesburg – South Africa’s central bank on Thursday raised its benchmark interest rate again by a steep 0.75 percentage... Read more

25 Nov, 2022

Business

South Africa central bank raises key rate to 5.5%

Johannesburg – South Africa’s central bank raised its benchmark interest rate by three-quarters of a percentage point to 5.5%... Read more

21 Jul, 2022

Business

South Africa hikes rates as inflation stays high

Johannesburg – South Africa raised its benchmark interest rate for the third time in a row on Thursday, as inflation... Read more

19 May, 2022

Business

Zimbabwe hikes interest rates to 80%

Harare – Zimbabwe’s central bank has raised its benchmark interest rate to 80% in a bid to rein in inflation... Read more

5 Apr, 2022

Business

SA Reserve Bank hikes rates again to curb inflation

Johannesburg – The South African Reserve Bank on Thursday hiked its benchmark interest rate for the second time in a... Read more

24 Mar, 2022