Reserve Bank hikes interest rates by 25 basis points
The South African Reserve Bank (SARB) has decided to increase interest rates by 25 basis points amid heightened inflation.
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Interest rate heartbreak for South Africa
The latest inflation figures have come in at the upper limit of the Reserve Bank’s tolerance band, bringing an interest rate hike next week closer to reality.
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Top American bank expects interest rate hike in South Africa next month
Bank of America expects an interest rate hike in May, as the Iran war starts to raise prices at the tills.
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Why does the rand exchange rate matter?
Rand versus dollar explained.
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Big inflation target announcement expected soon
Fitch Ratings expects South Africa’s National Treasury to formally lower the nation’s inflation target to 3% next month, endorsing the central bank’s adoption of the goal in July.
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Interest rate hike warning for South Africa
Experts have warned that the South African Reserve Bank may need to be more restrictive with interest rates if the government doesn’t play ball with a new inflation target.