South African inflation rises to 3% in June, spurred by food costs, prompting speculation on upcoming interest rate decisions as the SARB prepares to meet.

AI represents a significant turning point in the global economic landscape,” Kganyago told his G20 counterparts.

Reserve Bank Governor Lesetja Kganyago warned that South Africa could lose around 100,000 jobs if it fails to counter the ...

“While efforts to curb inflation are vital, the scope for interest rate hikes in response to global trade tensions and ...

Lesetja Kganyago, Governor of the South African Reserve Bank, calls for a reduction in the inflation target to 3%, while experts warn of potential short-term economic pain amid looming tariffs from ...

The calls from Kganyago and other central bank governors come amid an alarming increase in natural catastrophes, including ...

Payments across Sadc are currently facilitated via the South African Multiple Option Settlement (Samos) and Sadc Real-time ...

Reserve Bank Governor, Lesetja Kganyago says the rising cost of natural disasters, exacerbated by a lack of insurance cover, ...

South Africa’s tame inflation has created room for the central bank to cut interest rates at each of its three remaining ...

This week’s deliberations in KwaZulu-Natal saw member states stuck on sustainable financing before finding consensus with ...

Inflation has now been below the 4.5% midpoint of the South African Reserve Bank’s target range, where it prefers to anchor expectations, since August.

The Reserve Bank is advocating for a lower inflation target because the current 4.5% target significantly erodes the ...