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The South African Reserve Bank cut its main repo rate by 25 basis points to 7.25% on Thursday, as tensions with the U.S.
South African Finance Minister Enoch Godongwana said he is waiting for a report on the country’s inflation-targeting ...
By Sfundo Parakozov, Kopano Gumbi and Alexander Winning PRETORIA (Reuters) -South Africa's central bank was unexpectedly ...
South Africa’s latest GDP data means that forecasts for 2025 are likely to be cut yet again, threatening another year of ...
The South African rand was weaker in early trade on Thursday, ahead of local first-quarter current account data.
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Bizcommunity.com on MSNSouth Africa new vehicle sales climb 22% in May as interest rate cut boosts confidenceNew passenger car sales reached 31,741 units in May, up 30% from 24,419 units in May 2024. Light commercial vehicles, ...
A rate cut last week by the South African Reserve Bank added impetus to a bond rally that’s seen yields on benchmark ...
The South African new vehicle market has seen eight months of growth, a positive sign for a key employer that took a hit in ...
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Bizcommunity.com on MSNSouth Africa GDP Growth Outlook Gets Biggest Cut Since Early 2023; SARB to Trim Rates: Reuters PollJOHANNESBURG (Reuters) - Economists have cut their consensus forecast for South African economic growth this year by 0.3 ...
Below are some quotes from South African Reserve Bank Governor Lesetja Kganyago at a news conference to announce the central ...
Photo: Kevin Lamarque/Reuters The South African Reserve Bank cut its main repo rate by 25 basis points to 7.25% on Thursday, as tensions with the U.S. continue amid ongoing global uncertainty.
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