South Africa’s residential property market could be on the verge of a significant turnaround following the South African Reserve Bank’s (SARB) latest decision to cut the repo rate by 25…
Browsing: SARB
Mr Tim Masela, the Head of the National Payment System Department at the South African Reserve Bank (SARB), spoke today of their vision for the future of banking in South Africa called…
The final average consumer inflation rate for South Africa for 2024 was released today indicating a 4,4% year average. This is the lowest annual inflation rate in four years. Annual…
The South African Reserve Bank has issued a warning, noting that persistent high interest rates, coupled with escalating living costs, are adversely affecting the health of bank loan portfolios. This…
Before the SARB’s decision, annual headline consumer inflation climbed from 5.4% in September to 5.9% in October, marking the third consecutive monthly increase. This uptick was primarily attributed to higher…
The domestic macro calendar is fairly busy this week. The SARB is hosting its Biennial Conference on Thursday and Friday under the theme ‘post-crisis lessons and policy challenges’. The SARB notes…
The South African Reserve Bank (SARB) has declined to comment on whether it froze funds in five accounts connected to troubled company Steinhoff’s local operations. The Daily Maverick, an online…
Yesterday, the SARB released its Financial Stability Review (FSR) for the period December 2022 to May 2023. The SARB argues that systemic risks have risen since the last edition of the…
The current account deficit increased to 2.6% of GDP in Q4 22 from 0.0% in Q3. The outcome was largely in line with our projection, but worse than the 1.5%…
The South African Reserve Bank (SARB) is studying the benefits of issuing a digital currency for general retail purposes, it said on Tuesday, in line with several other central banks.…
