SARBs

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Local

PSA Stresses Interest Rate Cut Would Offer Relief to Workers

The Public Servants Association (PSA) has added its voice to growing calls for a reduction in interest rates, arguing that such a move is both justified and necessary under current economic conditions. With inflation now well within the South African Reserve Bank’s (SARB) target range and economic growth remaining sluggish, the PSA believes the time is right for action. Some economists anticipate that the SARB’s Monetary Policy Committee will cut […]

today31 July 2025

Local

South African Reserve Bank’s repo rate decision awaited amid economic uncertainties

By Lee-Yandra Paulsen The South African Reserve Bank's Monetary Policy Committee is poised to make a crucial announcement regarding potential changes to the repo rate, with analysts and economists closely watching the economic indicators that might influence their decision. The deliberations are fuelled by a mix of economic factors, including volatile fuel prices and surging food costs, which appear to signal a need for a rate increase. However, the concurrent […]

today20 September 2023

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