Repo 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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Kganyago: SA’s inflation still in check as repo rate remains unchanged
Governor Lesetja Kganyago announced the decision of the monetary policy committee on Thursday afternoon, saying the country's economy had continued to recover despite a number of setbacks.
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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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Cosatu urges Sarb to lower repo rate to help struggling consumers, businesses
Cosatu wants the South African Reserve Bank (Sarb) to further lower the repo rate by 50 basis points when its monetary policy committee next meets, and for commercial banks to “come to the party” in helping make credit affordable.
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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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Kganyago announces repo rate unchanged at 3.5%
South African Reserve Bank Governor Lesetja Kganyago announced that the interest rates will remain as they are, which means the nation's prime lending rate stays at 7%.
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Interest rate cuts unlikely this year, say economists
The Reserve Bank has projected two increases of 25 basis points in the second and third quarter of this year.
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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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Repo rate to remain unchanged at 3.5%
This come after the bank's Monetary Policy Committee cut the repo rate by 275 basis points last year to try and counter the effects of negative growth due to COVID-19.
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Moody’s, S&P Global expected to release ratings assessment on SA today
The South African Reserve Bank's monetary policy committee announced on Thursday that rates would remain unchanged while the economy shows some signs of picking up.
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Reserve Bank keeps repo rate unchanged at 3.5%
Prior to Thursday's announcement, the bank's Monetary Policy Committee had cut the repo rate by 275 basis points this year to try and counter the effects of negative growth due to COVID-19.
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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 pleased its monetary policy softened COVID-19 blow on households
The Bank has decided to keep the repo rate unchanged at 3.5% after it had reduced the rate by 300 basis points so far this year.
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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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WATCH: Will the Reserve Bank drop the repo rate on Thursday?
The bank has reduced the 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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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.
