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Interest rates remain unchanged at 15-year high

Interest rates remain unchanged at 15-year high
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No interest rate cuts for now, says Reserve Bank chief

No interest rate cuts for now, says Reserve Bank chief
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SA Reserve Bank expected to hold rates steady as rand provides some respite

The Sarb is seen keeping its key repo rate steady at 8.25% when its Monetary Policy Committee concludes its last scheduled meeting of 2023 on Thursday.

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USD/ZAR Forecast: Rand (ZAR) Firms as BRICS Summit Kicks Off

The Rand (ZAR) benefits with the BRICS summit under way. However, talks of de-dollarisation may be premature but there is a lot on the agenda for the Bloc with expansion plans the key focus.

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Can the SA Reserve Bank reverse its course?

Can the SA Reserve Bank reverse its course?
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South Africa: SA's Annual Factory Gate Prices Slow Significantly in June in Latest Sign Inflation Being Brought to Heel

South Africa: SA's Annual Factory Gate Prices Slow Significantly in June in Latest Sign Inflation Being Brought to Heel
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SA's annual factory gate prices slow significantly in June in latest sign inflation being brought to heel

South Africa’s Producer Price Index slowed significantly to 4.8% in the year to June — its slowest read since February 2021 — from 7.3% in May. Price pressures remain, but they are clearly abating, providing the South African Reserve Bank with space to hold rates steady.

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SA Reserve Bank Governor Weighs In on the Challenges and Blind Spots Central Banks Face

Though central banks are under fire for potentially overtightening, SA Reserve Bank Governor Lesetja Kganyago told an international audience that humility

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Don't fight with the Fed; accept there will be policy u...

Though central banks are under fire for potentially overtightening, SA Reserve Bank Governor Lesetja Kganyago told an international audience that humility surrounding assessing inflation forces and comfort with the prospect of a mild recession were advisable in an environment where inflation dy...

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After the Bell: The essential (and existential) problem...

Getting the GDP estimate right is the first step in sensible budgeting. And how has the government done on this score? Would it surprise you to know that it has failed spectacularly?

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