Monetary Policy

Sarb Expected to Cut Interest Rate to Stimulate Growth

South Africa is gearing up for a possible interest rate cut tomorrow, as moderating inflation pushes for a rate respite to inject cash into the struggling economy. The monetary policy committee (MPC) of the SA Reserve Bank (Sarb) is wid...

Joburg Post·almost 5 years ago

Why Abandoning the CFA Franc Would be A Risky Operation

The controversy over the CFA Franc gets revived on a regular basis by African politicians and intellectuals. The currency gives rise to both passionate debate and simplistic, sweeping political declarations. The CFA franc is one of two r...

Joburg Post·almost 5 years ago

SA Reserve Bank Cuts Repo Rate

The South African Reserve Bank's monetary policy committee has cut the benchmark repo rate by 25 basis points to 6.5% from 6.75%. This is the first time since March 2018 that the benchmark interest rate has been cut. The central bank's g...

Joburg Post·almost 5 years ago

Economists Say Interest Rates Cut Expected to Bring Relief to Consumers

Economists have said that the decision by the South African Reserve Bank (SARB) to reduce its repurchase rate (repo rate) by 25 point basis would bring some much-needed relief to consumers. SARB Governor Lesetja Kganyago announced on Thu...

Joburg Post·almost 5 years ago

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