South Africa Is First Country to Lower Rates
South Africa central bank joins easing club with 25 basis point rate cut
South Africa's central bank struck a measured tone after its first rate cut in more than four years on Thursday, saying although inflation had fallen faster than expected there were still risks to the outlook.
Best Countries in the world: South Africa ranks in the Top 50
A 2024 ranking by US News & World Report has placed South Africa in the Top 50 Best Countries in the world. The post Best Countries in the world: South Africa ranks in the Top 50 appeared first on SA People.
South Africa Is First Country to Lower Rates After Fed Cut
SARB cut its main benchmark rate by a quarter percentage point to 8%.
South Africa Real Rate at 19-Year High Unlikely to Spur Big Cut
South Africa’s real, inflation-adjusted interest rates reached the highest level in 19 years after price pressures cooled, but that’s unlikely to embolden the central bank to cut borrowing costs by more than a quarter point.
S.Africa Central Bank Joins Rate Cut Movement
South Africa's central bank cut its benchmark interest rate for the first time since 2020 on Thursday, joining other nations in reducing borrowing costs as inflation eases.
It’s good, but not great: South Africa first interest rate cut in four years
Although there is not a significant savings for South Africa bond holders, the 0.25 cut was met with a sigh of relief from homeowners who have been holding on tight during the upw
South Africa Lowers Interest Rates for First Time Since 2020
South Africa’s central bank cut interest rates for the first time in four years and signaled a more optimistic outlook for inflation. Danelee Masia, Deutsche Bank, South Africa and Sub-Saharan Africa Chief Economist,
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