Search

South Africa welcomes rate cut, unveils energy investment plan

Allen dreyfus Logo
© Allen Dreyfus
  • South Africa lowers repo rate by 25 basis-point to 7%
  • New private-sector-backed energy reforms aim to close a R4 trillion infrastructure gap by 2035

 

JOHANNESBURG, SOUTH AFRICA – The South African government has welcomed the Reserve Bank’s decision to lower the repo rate by 25 basis points to 7.00%, calling it a lifeline for households under strain from the high cost of living. This is the third rate cut by the SARB in 2025, totalling 75 basis points so far this year.

Recent Business

The beach off Matemwe in Zanzibar, Tanzania. Photo by Crispin Jones @ Unsplash
Zanzibar sees 4.9% rise in tourist arrivals despite seasonal dip
Read More »
Morocco @ Pexels
Morocco inflation stays negative in February as weak demand persists
Read More »
Gold mine. Photo by Ricardo Gomez Angel @ Unsplash
Toubani Resources begins Mali gold project amid global demand
Read More »

Recent Politics

A soldier in the war front. Photo by Stijn Swinnen @ Unsplash
Kenya halts recruitment into Russia’s war. Who gains and who loses?
Read More »
Uganda president Yoweri Kaguta Museveni. Photo: Yoweri Kaguta Museveni/Facebook
Can Museveni’s leadership and a new funding model rescue East Africa from chronic cash crises?
Read More »
Nigeria young voters protest for reforms. Photo by Ayoola Salako @ Unsplash
Nigeria’s 2027 election raises political risk for investors
Read More »

Latest Posts

Latest news insights