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The South African Reserve Bank (SARB) announced its decision to keep the repo rate unchanged at 8.25% on Thursday, September 21, 2023. This move also leaves the prime lending rate, the rate at which...
A recent report from South Africa's Standard Bank has highlighted numerous challenges faced by African businesses, particularly in the context of local currency depreciation, foreign currency...
A recent report from South Africa's Standard Bank has highlighted numerous challenges faced by African businesses, particularly in the context of local currency depreciation, foreign currency...
By Tannur Anders and Bhargav Acharya JOHANNESBURG (Reuters) -South African inflation edged higher in August but was well within the central bank's target range and analysts said they still expected...
South Africa is bracing for significant increases in fuel prices in October, following a surge in international oil prices and a weaker rand-dollar exchange rate. The Automobile Association (AA)...
By Vuyani Ndaba JOHANNESBURG (Reuters) - South Africa's Reserve Bank will keep interest rates steady at 8.25% at its Sept. 21 meeting to curb the impact of fuel price inflation, according to nearly...
(Reuters) - South Africa's consumer confidence regained some composure in the third quarter, according to a survey released on Thursday, as a rebound in the economic outlook and improvement in...
By Vivek Mishra and Vuyani Ndaba BENGALURU/JOHANNESBURG (Reuters) - Emerging market currencies will struggle to reclaim the ground lost this year, as high U.S. Treasury yields and safe-haven demand...
By Andrea Shalal WASHINGTON (Reuters) - Emerging markets face a more volatile and uncertain future, and must rebuild fiscal buffers, boost revenues, diversify trade and gird for trillions of dollars...
By Vuyani Ndaba JOHANNESBURG (Reuters) - The South African Reserve Bank is likely to leave its repo rate unchanged this year before kicking off a cutting cycle in early 2024, chopping 25 basis points...
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