Leading truck and trailer manufacturer, Serco, forecasts another challenging year ahead for South Africa with negative factors such as load shedding and congestion at the
South Africa’s annual inflation figures continue to increase with headline inflation accelerating to 6.5% in May from 5.9% in April and March, breaking through the
The South African Reserve Bank on Tuesday celebrated 100 years since issuing its first banknotes. The banknotes were issued 10 months after the SARB was
The South African Reserve Bank’s (SARB’s) continued its monetary policy normalisation with a further hike of 25 basis points, the second for 2022, which brought
The South African Reserve Bank (SARB) last week left the repo rate unchanged at a record low of 3.5% in its November 2020 meeting. “The
The South Africa Reserve Bank on Thursday kept the rate unchanged at 3.5%. “This means the prime lending rate remains at 7%,” explains Andiswa Bata,
The South African Reserve Bank has just cut the repo rate from 4.25 % to 3.75%, meaning that the prime lending rate will fall to 7.25%.
In a surprise move on Tuesday, the South African Reserve Bank (SARB) cut its repurchase rate by 100 basis points to 4.25% which brought the
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