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The Monetary Policy Committee has maintained the interest rate at 7.5%, citing global trade uncertainties and domestic issues. Governor Kganyago noted various scenarios impacting the economy, including potential challenges with …
South Africa’s Interest Rates Held Steady Amid Global Trade Concerns Read More
South Africa’s central bank paused its rate cuts, keeping the repo rate at 7.50% due to trade risks and budget issues, despite stable low inflation. Governor Kganyago emphasized the need …
South Africa’s Central Bank Maintains Rate Amid Economic Concerns Read More
J.P. Morgan downgraded South African equities to “neutral” due to concerns over economic slowdown and policy reform effectiveness. The bank doubts growth will exceed 2% over the next two years. …
J.P. Morgan Downgrades South African Equities Amid Economic Concerns Read More
At the recent G20 meeting in South Africa, significant absences from finance leaders, including U.S. Treasury Secretary Scott Bessent and other key ministers, overshadowed efforts to address global poverty. This …
South Africa: G20 Meeting Faces Challenges Amid No-Shows and Aid Cuts Read More