Latest News & Developments
The SA Reserve Bank warns that Trump's tariffs could shrink GDP by 0. 69%, threatening economic stability.
Sassa urges gold card beneficiaries to apply for alternative banking options following Postbank black card suspension.
"SARB Governor Lesetja Kganyago has indicated the central bank is considering lowering its inflation target from the current midpoint of 4. 5% towards 3%, potentially aligning South Africa with other emerging markets. Economists suggest this move could eventually lead to lower interest rates and more sustainable economic growth, though short-term challenges may arise.
Absa's economic team warns that the South African Reserve Bank's interest rate cutting cycle may be coming to an end following the decision to keep the repo rate unchanged at 7. 50%. Despite lower inflation forecasts, concerns about global trade tensions and domestic uncertainty are likely to prevent further cuts in the near term
Despite the JSE’s All Share showing significant gains since the pandemic, South Africa is unlikely to achieve the economic growth needed to create a million jobs this year, according to experts.
Global trends were to keep rates unchanged. Only the Swiss National Bank (SNB) bucked the trend and lowered its interest rate once more.
South Africa followed America's lead and kept the interest rates unchanged. A big blow for homeowners with bonds and home buyers, plus other debt holders.
The South African Reserve Bank faces a crucial decision on interest rates as inflation continues to challenge economic stability. Here's what economists predict and how it could affect your wallet.
The US kept their rates steady. Will South Africa follow suit? Battered homeowners and property experts are hoping for and anticipating a cut today.
Lower interest rates will reduce the cost of financing homes, thus enabling a higher affordability at a given monthly financing payment.
The South African Reserve Bank faces a crucial decision on interest rates as inflation continues to challenge economic stability. Here's what economists predict and how it could affect your wallet.
The President of the USA, the world’s biggest economy said with the oil price going down, he will demand that interest rates drop immediately and likewise they should be dropping all over the world.
South Africa's economic landscape is experiencing varied inflationary pressures across different sectors, demanding attention from both policymakers and consumers. This analysis explores the key factors driving these changes and their implications for the economy. "
Another interest rate cut this week, together with the lower transfer duties announced in the budget last week, will add further impetus to the market, especially for first-time buyers.
South African financial experts have adjusted their inflation expectations downward for 2025, with the Bureau for Economic Research's latest survey showing a decrease from 4. 5% to 4. 3%. This shift comes amid varying outlooks from analysts, business executives, and trade unions, pointing to a cautiously optimistic economic forecast.
Experts share their insights on the anticipated interest rate decisions by the Monetary Policy Committee, considering economic pressures such as inflation and VAT increases.
Experts share their insights on the anticipated interest rate decisions by the Monetary Policy Committee, considering economic pressures such as inflation and VAT increases.
South Africa's National Treasury forecasts 1. 9% economic growth for 2025, as Finance Minister Godongwana unveils ambitious structural reforms and infrastructure investments to combat a decade of economic stagnation. Will these measures be enough to drive sustainable recovery?
Parliamentary police portfolio committee chairperson Ian Cameron challenges the unprecedented 'top secret' classification of the Phala Phala report, raising concerns about transparency and public accountability in a matter of national interest.
For decades, South African homeowners have been victims of a monumental deception by banks. Discover how financial institutions have manipulated trust and exploited borrowers under the guise of lending.
Property experts and S&P Global weigh in on SARB's crucial March 20 interest rate decision, as budget delays and global uncertainties cloud the outlook for further cuts.
Finance Minister Enoch Godongwana navigates complex global divisions at the G20 finance track meeting in Cape Town, achieving progress on work programmes despite geopolitical tensions preventing full consensus.
inance ministers from the world's leading economies failed to reach consensus at the G20 meeting in South Africa, highlighting deepening global divisions on climate finance and economic policies. With notable absences from key nations and against a backdrop of foreign aid cuts, the meeting resulted in a chairman's statement rather than a joint communiqué
Ithala's destruction is not an isolated incident; it is a clear indication of what happens when black economic initiatives dare to disrupt the status quo, writes Sipho Tshabalala.
South African Reserve Bank Governor Lesetja Kganyago warns that Trump's aggressive trade policies are creating dangerous economic uncertainty, with potential ripple effects for emerging markets like South Africa.