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South Africa's key rate cut by 25 basis points
South Africa inflation rises less than expected in December
South Africa's headline consumer inflation rose less than expected in December, to 3.0% year on year from 2.9% in November, data from the statistics agency showed on Wednesday. In month-on-month terms inflation was at 0.
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.
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.
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.
Another rate cut likely on muted South African inflation
Inflation came in lower than expected for December, with another interest rate cut next week now seen as likely.
South African power cuts return after 10 months of unbroken supply
South African businesses and households were hit by scheduled power cuts for the first time in 10 months on Friday due to breakdowns at state power utility Eskom's coal-fired power stations.
Independent Online
12d
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 ...
6d
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 ...
Engineering News
2h
South Africa Wine says ‘excessive’ new excise tax on alcohol will devastate wine value chain
Industry body South Africa Wine has expressed serious concerns about the potential impact on the wine industry’s ...
11d
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.
businesstech.co.za
5d
Important changes to South Africa’s inflation basket
South Africa will add rosé wine, snuff and e-cigarette refills to its inflation basket and remove frozen potato chips and ...
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