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South Africa Latest News, South Africa Headlines
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Reserve Bank could exit African Bank via JSE listingA listing on the JSE of African Bank is the most likely way that the SA Reserve Bank will ultimately exit its 50% stake in the bank, while an outright sale of the interest is a less likely method.
Source: City_Press - 🏆 7. / 72 Read more »
Business Maverick: Reserve Bank is likely to cut rates, but how low can it go?The SA Reserve Bank is widely expected to cut rates this week, with most economists expecting a 25 basis point cut. With a stagnant economy, there should be a lot more room for monetary loosening, but there probably isn’t, given the economy’s structural challenges.
Source: dailymaverick - 🏆 3. / 84 Read more »
Reserve Bank cuts repo rate by 25bps to 6.5%The Bank also slashed its GDP growth forecast for the year from 1% to 0.6% while inflation is expected to average 4.4% for 2019
Source: BDliveSA - 🏆 12. / 63 Read more »
WATCH: SA Reserve bank cuts interest rates | IOL Business ReportSouth African Reserve Bank Governor Lesetja Kganyago announced today the bank's latest decision on interest rates.
Source: IOL - 🏆 46. / 51 Read more »
JUST IN: SA Reserve Bank cuts repo rateThe central bank's monetary policy committee has cut the benchmark repo rate by 25 basis points to 6.5% from 6.75%.
Source: News24 - 🏆 4. / 80 Read more »
Rand firmer as focus shifts to SA interest rate decisionReserve Bank is expected to cut the repo rate by 25 basis points
Source: BDliveSA - 🏆 12. / 63 Read more »