Cheap money's hidden cost widens the gap between rich and poor
South Africa's Reserve Bank raised the repo rate 25bp to 7% (prime at 10.5%), warning up to three further hikes if Middle East-driven supply shocks push inflation above 6%. A higher-for-longer rate path through 2027 raises debt-servicing costs and compresses capex for businesses operating in the SA market.
Market signals show appetite for projects decoupled from state entity risk
South Africans could face higher borrowing costs this week as expectations mount that the South African Reserve Bank will raise interest rates following a rise in inflation to 4%…
The South African Reserve Bank has raised interest rates to 7% in response to escalating global inflation risks and domestic price pressures. Governor Lesetja Kganyago outlines…
MPC divided as rising oil and food costs threaten inflation targets
Delivering the Statement of the Monetary Policy Committee on Thursday afternoon, Lesetja Kganyago, Governor of the South African Reserve Bank(SARB) said the committee decided to…
While downside risks to growth are present, Sarb governor Lesetja Kganyago said the fundamentals of the economy remain intact.
Business Day TV spoke to Sanisha Packirisamy, group economist at Momentum Investments, and Gina Schoeman, economist at Citi
The South African Reserve Bank has raised interest rates by 25 basis points and warned of further hikes if inflation pressures escalate due to global uncertainties and rising fuel…
