South Africa's finance minister has said that failing to raise the value-added tax rate from May would cause severe harm to ...

Economists at Nedbank say South Africans should not hold out any hope for further interest rate cuts in 2025, with the South African Reserve Bank (SARB) left with nothing but difficult choices.

With a recession in the United States now seen as a baseline, economists anticipate some drastic interest rate cuts to follow later in the year—with the same possible for South Africa.

The Reserve Bank’s latest Quarterly Bulletin for Q4 2024 highlights notable shifts in South Africa’s financial services sector. A significant trend is the rise in loans and advances to households and ...

Although markets had anticipated further interest rate cuts from major central banks, the SARB now believes the emergence of ...

The South African rand gained ground against a weaker dollar on Friday, but analysts said it remained susceptible to twists ...

Hoewver, Landsdowne Property Group says the South African Reserve Bank’s hawkish stance on interest rates, rising living costs and the upcoming VAT hike could put the brakes on positive momentum ...

REUTERS/Siphiwe Sibeko JOHANNESBURG, March 20 (Reuters) – South Africa’s rand remained on the back foot on Thursday after the country’s central bank left its main interest rate unchanged as ...

(Bloomberg) -- The South African Reserve Bank is set to look ... foresee Governor Lesetja Kganyago holding the benchmark interest rate at 7.5%, after three consecutive quarter-point cuts, when ...

Wall Street suffers its worst day since 2020 but the White House tells investors to "trust in President Trump".

As South Africa braces for an impending interest rate announcement on Thursday, experts are cautiously eyeing the potential outcomes against a backdrop of rising inflation risks and changing ...

Hoewver, Landsdowne Property Group says the South African Reserve Bank’s hawkish stance on interest rates, rising living costs and the upcoming VAT hike could put the brakes on positive momentum in ...