insert_link Business / Economics South Africa’s central bank cuts interest rates South African Reserve Bank Governor Lesetja Kganyago has announced that the Monetary Policy Committee has decided to reduce the country's repo rate by 25 basis points to 8%. The announcement comes a day after SA’s inflation was reported at 4.4-percent in August, lower than the Reserve Bank's target of 4.5-percent. It is expected that the rate will also be lowered at the bank's next meeting in November. todaySeptember 19, 2024 18
insert_link South Africa South Africa Reserve Bank governor warns against unsustainable coalition policies The South African Reserve Bank Governor Lesetja Kganyago has warned that if coalition policies are not stable, South Africa is likely to lose investors. The ANC lost its majority in the May 29 election and is now in talks with opposition parties to form a coalition government. todayJune 6, 2024 30
insert_link Business / Economics South Africa’s Reserve Bank keeps repo rate unchanged The South African Reserve Bank's Monetary Policy Committee has decided to keep the repo rate unchanged at 8.25 percent. This keeps the prime lending rate in SA at 11.75 percent. SARB Governor Lesetja Kganyago. todayMarch 27, 2024 30
