Wall Street Journal

South African Reserve Bank Maintains Main Repo Rate at 7%

JOHANNESBURG—The South African Reserve Bank held its main repo rate at 7% on Thursday amid expectations for inflation to rise over the next few months. Headline inflation in South Africa was 3.3% in ...
Wall Street Journal

South African Reserve Bank Lowers Main Repo Rate to 6.75%

JOHANNESBURG—The South African Reserve Bank cut its main repo rate to 6.75% on Thursday, on the back of expectations for inflation to tick lower amid higher growth. The decision restarts a cutting ...
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Lower repo rate is bad for markets for now, says Chris Harmse

The Monetary Policy Committee (MPC), during its press conference last Thursday on its latest repo rate decision, decided to lower the repo rate with 25 basis points from 7.00% to 6.75% with immediate ...
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Repo rate cut provides much-needed relief for South African consumers

South Africans were given some relief ahead of the festive season that is about to kick off after the South African Reserve Bank dropped the repurchase rate for the country by 25 basis points (BPS), ...