South Africa's key rate cut by 25 basis points

South Africa's key rate cut by 25 basis points as expected
South Africa's central bank cut its main lending rate by another 25 basis points to 7.50% as expected on Thursday, saying that while inflation appeared well-contained the medium-term outlook was more uncertain than usual.
South Africa’s repo rate: potential 25-basis point interest rate cut ahead as inflation remains low
With inflation inching up to 3% last December, financiers are anticipating a 25-basis point interest rate cut this Thursday.
Reserve Bank cuts interest rates in South Africa
The South African Reserve Bank has cut rates by 25 basis points in line with expectations, but there are fears over a potential global trade war.
South Africa: January Rate Cut Likely As South Africa Inflation Slows
South Africa's inflation rose to 3% in December 2024 from 2.9% in November, falling short of the 3.2% expected by economists, according to Statistics South Africa. The slower-than-anticipated increase strengthens expectations of a 25 basis-point interest rate cut at the South African Reserve Bank's monetary policy meeting on January 30.
South Africa trims key rate and models impact of global trade war
South Africa's central bank trimmed its main lending rate as expected on Thursday, its third cut in a row, but it placed emphasis on the uncertain global backdrop and said it had modelled the potential impact of a trade war.
South Africa producer inflation at 0.7% y/y in December
South Africa's producer inflation was at 0.7% year on year in December versus -0.1% in November, statistics agency data ...
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Nersa’s Eskom tariff gut punch, but electricity costs to dwarf inflation rate
The Nersa tariff announcement comes amid ongoing concerns about the financial sustainability of Eskom and the affordability of electricity ...
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Big petrol price increase for South Africa next week
The rand and oil prices are trading much higher than in December, leading to the under-recovery. South African motorists have ...
South African statistics agency updates its inflation basket
South Africa's statistics agency has updated its consumer inflation basket for the first time since 2022, including items ...
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Inflation eases to 4.4% in South Africa, marking the lowest rate since 2020
Inflation last year was the lowest in four years since the ... Independent Online, popularly known as IOL, is one of ...
Rose Wine, Vaping In as South Africa Revamps Inflation Basket
South Africa will add rose wine, snuff and e-cigarette refills to its inflation basket and remove frozen potato chips and ...
South Africa 2024 Inflation Lowest In Four Years
South Africa's annual inflation rate for 2024 dropped to 4.4 percent, the lowest level since 2020, the national statistics bureau announced Wednesday.
Electricity price failure in South Africa
South Africa’s above-inflation electricity tariff hikes since 2008 have driven inflation and pushed interest rates higher, ...