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South African Reserve Bank Updates
A modern, efficient and well-functioning financial system is essential for growth in any modern economy, and as this is pursued, innovation that serves the public interested is pivotal. This was...
South Africa has not escaped the fuel price shocks associated with disruptions to shipping in the Strait of Hormuz energy corridor and the damage to refinery and other infrastructure in the Gulf....
South Africa's headline consumer inflation edged up as expected last month, but analysts said the increase would be far larger in April when fuel price hikes triggered by the US-Israeli war on Iran...
The South African rand was flat in early trade on Tuesday as investors tracked geopolitical developments and awaited the release of a domestic business confidence survey and a central bank monetary...
Reserve Bank Governor Lesetja Kganyago said the Iran war’s impact on oil prices has validated wariness over inflation, without giving a clear signal on what that means for interest rates. “You are...
South Africa’s central bank governor referenced an 1879 battle in the Anglo-Zulu war in his views on how to tackle the coming wave on inflation from the Iran war shocks, implying a preference to...
As the war in the Middle East increasingly heightens the risk of an energy crisis amid pressure on the Strait of Hormuz, the Communications Risk Information Centre (COMRiC) on Wednesday warned the...
Financial brokerage and asset management firm EBC Financial Group (EBC) warns that the R3-a-litre levy cut will provide relief only for a month, while Brent-linked diesel costs and a weaker South...
South Africa's latest investment conference secured record commitments, but official data show that less than half of past pledges have materialised and turned into economic activity. The sixth...
The South African rand was weaker on Thursday on doubts over a fragile two-week ceasefire between the US and Iran, while traders also assessed domestic economic releases for clues on the health of...
South Africa will reduce its fuel levy for one month to stop fuel prices rising even further in April, it said on Tuesday, after trade unions and business groups pressured the government to...
The Iran war has clouded the outlook for a South African economy that had entered its longest period of economic expansion since 2018, the country’s central bank said. “The buoyant performance of...
Johannesburg’s benchmark stock index is heading for its worst month in almost two decades, reeling from a double hit as the Iran war saps demand for emerging-market assets while plunging...
Orion Minerals has reported that it is committed to completing the remaining exploration and drilling programmes by November 2026.
South Africa's central bank maintained its main lending rate at 6.75% on Thursday, saying caution was needed as higher energy prices triggered by the US-Israel war against Iran would push up...
South Africa's central bank kept its key interest rate unchanged at 6.75% in a unanimous decision announced on Thursday. The majority of economists polled by Reuters had expected no change in the...
South Africa could grow by at least 3% and create 2.4-million more jobs by 2030 relative to 2025 if it doubles down on catalytic reforms, but it must act with renewed urgency if it is to convert...
The rand weakened in early trade on Thursday, ahead of a much-anticipated interest rate decision by the South African Reserve Bank (SARB) later in the day. At 0720 GMT the rand traded at 17.03...
As the number of internal combustion engine (ICE) vehicles on the road declines globally and many people continue to work from home, contributing to a gradual decrease in overall fuel consumption,...
The South African rand was steady in early trade on Wednesday as traders cautiously assessed President Donald Trump's assertion that the US was in negotiations to end to the war with Iran. At 0712...
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