In South Africa, the interest rates decisions are taken by the South African Reserve Bank’s Monetary Policy Committee (MPC). The official interest rate is the repo rate. This is the rate at ...

The South African Reserve Bank (SARB) announced a cut in the repurchase rate on Thursday, taking it to 7.5%. Frank Blackmore, Lead Economist at KPMG South Africa MPC Reaction said that the ...

(Bloomberg) -- South African inflation quickened at a slower pace than expected in December, providing room for policymakers to cut interest rates later this month. Consumer prices rose 3% from a ...

This slower increase may allow policymakers to reduce interest rates in the coming weeks. Consumer prices in South Africa increased by 3% from the previous year, compared to a 2.9% increase in the ...