The South African rand opened weaker on Tuesday morning as financial markets turned their focus to the upcoming interest rate decision by the South African Reserve Bank (SARB),the rand was …
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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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EconomyEnergyFinance & ServicesGOVERNMENTInternational RelationsManufacturingMarketsSouth AfricaTrade and Commerce
Rand Slips Ahead of Manufacturing Data as Analysts Watch Power, Ports, and Global Signals
The South African rand lost a bit of ground in early trading on Thursday, May 8, as traders waited for the country’s latest manufacturing output figures. According to market data, …
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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 …
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SARB, The South African Reserve Bank has imposed R35 million in fines on Nedbank for failures that included not reporting cash transactions of large amounts and shortcomings in record-keeping. The …
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AfricaBanking, Finance & InvestmentBusinessSouth AfricaSouthern AfricaTechnology
South Africa testing ‘digital rand’
The South African Reserve Bank (SARB) is making steady progress in its investigations around a central bank digital currency, says deputy governor Kuben Naidoo. Speaking in PSG’s latest Think Big …
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The South African Reserve Bank is set to introduce new regulations around trading cryptocurrency in the country in the next 12-18 months, says deputy governor Kuben Naidoo. Speaking in PSG’s …
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Banking, Finance & InvestmentSouth Africa
S.Africa’s central bank to hike by 50bps on May 19 for the first time since 2016
South Africa’s Reserve Bank is set to make its first 50 basis point hike to its repo rate in more than six years next week, taking it to 4.75%, to …