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South Africa’s decision to keep the interest rate at 7.50% is viewed as a missed opportunity for economic relief. Samuel Seeff of Seeff Property Group argues for a potential cut, …
Concerns Arise as South Africa Maintains Interest Rate Despite Economic Climate Read More
As the Monetary Policy Committee of the South African Reserve Bank prepares for its March 2025 meeting, speculation surrounds a potential 25 basis point rate cut. Key economic indicators show …
Speculations Rise for Rate Cuts in South Africa as Inflation Stabilises Read More
South Africa’s economy is characterized by a stable rand and optimistic market sentiment, driven by steady inflation figures. With the Reserve Bank’s interest rate decision on the horizon, investors must …
South Africa’s Economic Signals: Rand Stability and Investor Confidence Read More
South Africa’s inflation rate held steady at 3.2% in February 2025, remaining lower than the Reserve Bank’s target. Food and non-alcoholic beverages saw inflation increase, while personal care saw a …
South Africa’s Inflation Rate Remains Steady at 3.2% in February 2025 Read More
South Africa’s consumer inflation remained at 3.2% year-on-year in February, with a month-on-month inflation rate of 0.9%. Economists had predicted a slight increase to 3.3%, but it is below the …
South Africa Consumer Inflation Steady at 3.2% Year-on-Year in February Read More
South Africa’s consumer inflation remained steady at 3.2% year on year in February, with a month-on-month rate of 0.9%. Economists predicted a rise to 3.3%, below the Reserve Bank’s target …
South Africa’s Consumer Inflation Stable at 3.2% Year-on-Year in February Read More
On March 18, the South African rand strengthened following a record gold price of $3,018.66. Increased gold prices may boost local mining output. However, the rand faces challenges due to …
South African Rand Strengthens Amid Record Gold Prices Read More
The average inflation forecast for South Africa in 2025 is now projected at 4.3%, down from 4.5%. Consumer inflation was reported at 3.2% in January, with expectations of steady figures …
South African Inflation Forecast Declines in Latest Key Survey Read More
Namibia is proceeding with its CBDC project despite IMF skepticism. The Bank of Namibia is in the preparation phase, focusing on financial inclusion and cross-border payments. It seeks public input …
Namibia Advances CBDC Project Despite IMF Skepticism 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