The reserve bank
S&P: Political tensions could derail SA's policy efforts
Reserve Bank Governor Lesetja Kganyago said on Tuesday the bank was keeping rates unchanged.
Statistics South Africa said consumer price inflation came in at 5.9% year-on-year in August.
The bank has hiked lending rates by a combined 200 basis points since early 2014.
SA's economy is still struggling since the recession and SARB says interest rates will have to gradually rise.
Widespread approval follows Reserve Bank Governor Lesetja Kganyago's decision to keep the rate unchanged.
The South African Reserve Bank has decided to keep rates on hold at 5.75 percent.
Cosatu says it hopes he will not continue what it calls the 'disastrous policies of his predecessors'.
African Bank Investments was rescued in a $1.6 billion bailout led by the Reserve Bank last month.
The SARB says it doesn't agree with Moody's downgrading of the country's top four banks.
African Bank was placed under curatorship after losing 90% of its value last week.
According to Stats SA prices on shop shelves have increased by 6.6 between June 2013 & June 2014.
Economists are divided about whether the SA Reserve Bank will increase interest rates today or not.
The Reserve Bank's Monetary Policy Committee is starting its two-day meeting today.
Gill Marcus received a 0.4 percent pay rise this year
Inflation rose above the central bank's and market expectations in May when it came in at 6,6%.
Gill Marcus says she does not see the continent’s most advanced economy going into a recession.
SA’s rand softens; shedding s few cents after data showed a slowdown in private sector credit extension.