Search

South Africa Poised for Interest Rate Cut as SARB Weighs Next Move

Subscriber only Subscriber only
Allen dreyfus Logo
© Allen Dreyfus
  • Economists predict a 25-basis point rate cut, with some pushing for a sharper reduction
  • Inflation softens to a three-year low, fuelling expectations of monetary easing

South Africa is on the cusp of a much-anticipated interest rate cut as the Monetary Policy Committee (MPC) of the South African Reserve Bank (SARB) prepares for its key decision today. With inflation cooling and markets eager for relief, economists are widely forecasting a 25-basis point cut, though some argue that a bolder move is needed to jolt the economy back to life.

You need an active subscription to continue reading this article.

Recent Business

Woman selling fruit in Tanzanian Market. Photo by David Cashbaugh @ Unsplash
Amid tariff wars, Africa seals $48bn to boost intra-trade
Read More »
Photo by Mwanje Henry @ Unsplash
Uganda’s pension giant posts record $7.4bn assets
Read More »
Gold bars. Photo by Jingming Pan @ Unsplash
Can Ghana’s gold refinery plan deliver real value?
Read More »

Recent Politics

Nairobi, Kenya © Unsplash
Kenya-Somalia tensions threaten vital khat trade
Read More »
Ivory Coast supporters of a political party on the street. Photo by Yanick Folly @ Unsplash
Ivory Coast vote: Is Ouattara headed for a one-man race?
Read More »
Loading of maritime containers aboard vessels in a seaport. Photo @ Unsplash
Is Ethiopia’s sea access dispute with Eritrea a path to conflict?
Read More »

Latest Posts

Latest news insights