Energy regulator Nersa on Thursday granted state-owned power utility Eskom an average tariff increase of 12.7%.

South Africa's rand gained on Thursday after data showed U.S. economic growth slowed in the fourth quarter, while the South African Reserve Bank cut its main lending rate for the third time in a row.

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 ...

Reserve Bank governor Lesetja Kganyago said on Thursday the monetary policy committee had agreed to cut the repo rate by 25 basis points to maintain price stability as inflation remains within the ...

The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with South Africa.

Monetary Policy Committee (MPC) has decided to reduce the repo rate by 25 basis points, with effect from 31 January 2025.

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 ...

The MPC announced its decision to reduce the repo rate by 25 basis points, much to the relief of South Africans.

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 cut rates by 25 basis points in line with expectations, but there are fears over a ...

This comes after the central bank’s Monetary Policy Committee (MPC) voted for a 25BPS cut today, which translates to a 0. 25% ...