Interest rates in South Africa on a knife-edge
The South African Reserve Bank’s future interest rate decisions depend heavily on the outcome of the war in Iran.
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Expectations over interest rate cuts in South Africa continue to be dampened by the war in the Middle East.
The rand suffered another blow on Friday, weakening to R17.20 to the dollar during mid-afternoon trade.
The South African Reserve Bank has voted to keep the policy rate unchanged at 6.75% amid heightened global uncertainty.
PSG Financial Services has appointed former Reserve Bank Chief Economist Dr Christopher Loewald to its board.
The South African Reserve Bank is looking to appoint a new director to its board amid a series of changes for the central bank.
Married couples in South Africa can now transfer twice as much money offshore without needing to get approval from SARS or the SARB.
Piet Nel – belastingkonsultant & Dr. Elna Moolman – hoof: finansiële markte, Standard Bank-groep Navorsing Ekonomie & Prof André Roux – ekonoom & programhoof: Toekomsstudies, Stellenbosch Bestuurskool.
The SARB’s plan to eliminate the prime interest rate in South Africa could have the opposite effect of what it intends.