Interest rate
Kganyago expects economy to return to pre-COVID levels 'somewhere in 2023'
South African Reserve Bank Governor Lesetja Kganyago also said that the effects of the looting would be felt for some time.
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Sarb keeps repo rate at 3.5%
Governor Lesetja Kganyago made the announcement on Thursday after a meeting of the monetary policy committee.
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Sarb to continue cautious approach to repo rate as SA recovers from pandemic
South African Reserve Bank Governor Lesetja Kganyago said that there were a number of positive factors after a very difficult 2020.
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Sarb's Kganyago announces repo rate unchanged at 3.5%
South African Reserve Bank Governor Lesetja Kganyago said that domestic GDP was expected to grow by 4.2% this year from 3.8% in March.
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Lockdown restrictions likely to mute economic growth in Q1 - Kganyago
South African Reserve Bank Governor Lesetja Kganyago said that it would take time for the country to get back to pre-pandemic output levels.
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Unchanged interest rate can still benefit prospective homeowners - Seeff
South African Reserve Bank Governor Lesetja Kganyago announced on Thursday that the repo rate would remain unchanged at 3.5%.
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SARB Governor Lesetja Kganyago announces repo rate remains unchanged
Kganyago made the announcement during a briefing on Thursday afternoon.
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Economists express mixed views on another rate cut ahead of MPC announcement
The Sarb has reduced the interest rate by 300 basis points so far this year in an effort to promote growth amid an economy suffering under the effects of the COVID-19 lockdown.
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Kganyago hails Sarb's speedy response to COVID-19 crisis
South African Reserve Bank Governor Lesetja Kganyago said that the bank's COVID-19 response could be described as aggressive.
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Future repo rate decisions to be data dependent, says Kganyago
Reserve Bank Governor Lesetja Kganyago said that the bank would continue to monitor growth, inflation and other economic data before deciding on the direction of the repo rate in the future.
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Latest rate cut 'great stimulus' for property market - Seeff
With the repo rate being cut by another 25 basis points, prospective home owners are now looking at their options as houses become more affordable.
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Reserve Bank cuts repo rate to 3.75%
Last month, the central bank cut the repo rate by 100 basis points.
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Kganyago announces repo rate cut to 5.25%
The repo rate is the rate at which the central bank lends money to commercial banks.
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SARB MPC expected to announce repo rate
The crucial question is will the reserve bank be aggressive when cutting the repo rate to help accelerate the economy?
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Kganyago announces repo rate cut to 6.25%
The decision follows this week's Monetary Policy Committee meeting.
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Room for repo rate cut in January, says economist
Reserve Bank Governor Lesetja Kganyago cited a number of concerns, including stagnant growth and other headwinds for keeping the repo rate unchanged at 6.5%.
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Stronger rand, improved inflation outlook factors in repo rate cut
Those in debt have received some relief on Thursday afternoon with the South African Reserve Bank (Sarb) decreasing the repo to 6.5%.
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SA Reserve Bank keeps repo rate unchanged
In November the repo rate was increased by 25 basis points to 6.75% with governor Lesetja Kganyago listing rising inflation and the weak rand as major factors.
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SA Reserve Bank to hold rates in Jan, hike in May - poll
With global growth weakening, some economists expect no change in South African policy across the forecast horizon.
