South Africa must grow its economy faster and manage its public finances better if it hopes to receive its first credit rating upgrade in over 20 years, according to S&P …
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LESETJA KGANYAGO
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EconomyFinance & ServicesFood ProductionGOVERNMENTPoliciesSouth Africa
South Africa’s Inflation Rises Slightly in April Amid Food Price Pressure and Speculation Over New Target
Inflation in South Africa rose slightly in April 2025 due to higher food prices, although it remained below the central bank’s official target range. This is according to new data …
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EconomyFinance & ServicesGOVERNMENTINVESTMENTPoliciesPoliticsSouth Africa
Lesetja Kganyago Warns Against Populist Economic Promises in South Africa
The Governor of the South African Reserve Bank, Mr. Lesetja Kganyago, has spoken out against what he described as the rising influence of populist politicians in South Africa, warning that …
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DevelopmentEconomyPolicies
South African Reserve Bank Considers Revising Inflation Targeting Framework Amid Growth Concerns
The South African Reserve Bank (SARB) is contemplating adjustments to its longstanding inflation targeting framework, acknowledging that the current regime may be hindering economic growth and reducing the nation’s competitiveness. …
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessEconomyFinance & ServicesNewsSouth AfricaSouthern Africa
SA Reserve Bank again hikes interest rates by 75 basis points
The SA Reserve Bank on Thursday raised its main lending rate by 75 basis points to 6.25%, for the second meeting in a row. Three members of the monetary policy …