Economists expect the SARB's Monetary Policy Committee to keep interest rates on hold when they meet on Thursday.
The South African Reserve Bank has voted to put a hold on interest rates, as global market uncertainty sets in.
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Below are some quotes from South African Reserve Bank Governor Lesetja Kganyago at a news conference to announce the central bank's latest interest rate decision.
Like many other global central banks, the South African Reserve Bank (SARB) is facing uncertainty in 2025 and is unlikely to announce any more rate cuts until markets have settled. On Thursday (20 ...
REUTERS/Siphiwe Sibeko/File Photo PRETORIA, March 20 (Reuters) – South Africa’s central bank paused its rate-cutting cycle on Thursday as risks stemming from U.S. President Donald Trump’s ...
The South African Reserve Bank (Sarb ... min Listen to this article 5 min The Sarb left its key repo and the prime lending rate for consumers unchanged at 7.5% and 11.0% respectively on Thursday ...