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Tag: rates

South Africa’s central bank cautious about more rate cuts

The South African Reserve Bank (SARB) is taking a cautious approach to monetary policy as risks to the inflation outlook are on the upside,...

Why South Africa can cut rates this week

For all its economic troubles, South Africa has managed to keep inflation within its central bank’s target band. The latest numbers on Wednesday...

SA motorists not ready for the September fuel price hike

South African consumers will face yet another blow with the expected increase in fuel price of around 60 cents a litre in September. ...

South Africa rate cut likely in November

South Africa’s Reserve Bank is expected to cut interest rates again in November and possibly even September given the relatively tame inflation outlook, a...

Cape residents revolt over rates hikes

Exorbitant property rates and electricity tariffs have raised the ire of Cape Town residents, with Cosatu saying it is planning strike action after being...

Technical recession indicates SARB is behind the curve on rate cuts

The recent announcement that South Africa has officially entered a technical recession – characterised by two consecutive quarters of negative GDP growth – indicates...

City Council’s draft budget features lowest rates and tariff increases in a decade

The Cape Chamber of Commerce has welcomed the City Council’s draft budget proposals which feature the lowest rates and tariff increases in 10 years. ...

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