South Africa is unlikely to have growth above 1.5% in the next two years, the Reserve Bank said on Wednesday.

Thursday, 21 September 2017 22:37

Repo rate remains unchanged at 6.75%

The repo rate will remain unchanged at 6.75% per annum, Reserve Bank Governor Lesetja Kganyago said on Thursday.

Friday, 15 September 2017 14:59

SA's current account deficit widens

South Africa’s current account deficit widened to 2.4% in the second quarter of 2017, the Reserve Bank said on Thursday.

The Reserve Bank’s Monetary Policy Committee (MPC) on Thursday reduced the repo rate by 25 basis points to 6.75%.

The International Monetary Fund (IMF) has raised South Africa’s growth forecast to 1% this year.

Friday, 19 May 2017 16:50

SA ups its stats collection strategy

Statistics South Africa (Stats SA) has set itself a goal of modernising the collection of statistics, while also fine tuning trade statistics.

Thursday, 30 March 2017 18:38

Repo rate left unchanged at 7%

The Reserve Bank has decided to keep the repo rate unchanged at 7% per annum, Reserve Bank Governor Lesetja Kganyago said on Thursday.

South Africans can expect growth of 1.3% in 2017, which is expected to improve moderately to over 2% in the medium term, Finance Minister Pravin Gordhan said on Wednesday.

Moody’s rating agency is expected to announce whether it will downgrade South Africa’s economy.

Thursday, 22 September 2016 19:47

Repo rate unchanged in September

The Reserve Bank’s Monetary Policy Committee (MPC) has kept the repo rate unchanged at 7% per annum.

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