JOHANNESBURG, Jan. 30 (Xinhua) -- The South African Reserve Bank (SARB), the country's central bank, on Thursday announced its decision to reduce the repurchase rate by 25 basis points, bringing the ...

These economists have reason to believe that the current rate-cutting cycle will only really continue until mid-2025.

Reserve Bank Governor Lesetja Kganyago has announced a 25-basis-point rate cut for South Africa, lowering the prime lending rate to 11%—the third consecutive reduction by the Central Bank. This move ...

The South African Reserve Bank's (SARB's) monetary policy committee (MPC) met for the first time this year on Thursday, 30 ...

The South African Reserve Bank has announced a 25 basis points decrease in the country's repo rate. This brings the lending rate to 7.5 percent and takes the prime interest rate to 11 percent. WATCH | ...

Today’s announcement of a further 25 basis point rate reduction marks another milestone for the residential property sector, lowering the repo and prime lending rates to 7.50% and 11.0%, respectively.

South Africa's central bank on Thursday said it would cut its benchmark interest rate amid a stable near-term outlook for inflation in Africa's largest economy.

The South African Reserve Bank has announced a 25 basis point cut in the interest rate, marking the third consecutive reduction as the country navigates economic challenges.

At its January meeting, the Reserve Bank’s Monetary Policy Committee (MPC) cut South Africa’s interest rates by 25 basis ...

The high interest rates continue to place financial pressure on South Africa’s households, the latest Altron FinTech Household Resilience Index (AFHRI) shows, noting that over the last three years, ...

South African households have lost significant purchasing power due to the SARB’s high interest rates, resulting in a 36% ...