Latest News & Developments
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Urgent call for 50bps interest rate cut by SARB: Impact on South Africa's property market
The prolonged period of high interest rates has demonstrably hampered economic growth and placed significant strain on the economy and property market.
How Trump's tariffs could impact South Africa's economy, warns Reserve Bank
The SA Reserve Bank warns that Trump's tariffs could shrink GDP by 0. 69%, threatening economic stability.
Postbank black card suspension: Sassa advises gold card users to apply for alternative banking
Sassa urges gold card beneficiaries to apply for alternative banking options following Postbank black card suspension.
South African Reserve Bank hints at revising inflation target amid economic pressures
"SARB Governor Lesetja Kganyago has indicated the central bank is considering lowering its inflation target from the current midpoint of 4. 5% towards 3%, potentially aligning South Africa with other emerging markets. Economists suggest this move could eventually lead to lower interest rates and more sustainable economic growth, though short-term challenges may arise.
SARB interest rate easing cycle likely coming to an end, says Absa
Absa's economic team warns that the South African Reserve Bank's interest rate cutting cycle may be coming to an end following the decision to keep the repo rate unchanged at 7. 50%. Despite lower inflation forecasts, concerns about global trade tensions and domestic uncertainty are likely to prevent further cuts in the near term
SA’s economy is a ‘no-growth zone’- and the jobs crisis is just the start
Despite the JSE’s All Share showing significant gains since the pandemic, South Africa is unlikely to achieve the economic growth needed to create a million jobs this year, according to experts.
South Africa joins Japan, USA, England, China, Sweden in keeping rates unchanged this month
Global trends were to keep rates unchanged. Only the Swiss National Bank (SNB) bucked the trend and lowered its interest rate once more.
Disappointing news for South Africans as interest rate remains unchanged
South Africa followed America's lead and kept the interest rates unchanged. A big blow for homeowners with bonds and home buyers, plus other debt holders.
Reserve Bank expected to keep interest rates on hold amid VAT, inflation pressures
The South African Reserve Bank faces a crucial decision on interest rates as inflation continues to challenge economic stability. Here's what economists predict and how it could affect your wallet.
Will South Africa follow the US on interest rates? Anticipation grows for a cut today
The US kept their rates steady. Will South Africa follow suit? Battered homeowners and property experts are hoping for and anticipating a cut today.
How interest rate cuts can lower capital costs and boost the property sector
Lower interest rates will reduce the cost of financing homes, thus enabling a higher affordability at a given monthly financing payment.
Reserve Bank expected to keep interest rates on hold amid VAT, inflation pressures
The South African Reserve Bank faces a crucial decision on interest rates as inflation continues to challenge economic stability. Here's what economists predict and how it could affect your wallet.
Will South Africa's interest rates echo Trump's policies? Key insights ahead of the announcement
The President of the USA, the world’s biggest economy said with the oil price going down, he will demand that interest rates drop immediately and likewise they should be dropping all over the world.
South Africa's consumer inflation remains steady at 3. 2% amid rising production costs
South Africa's economic landscape is experiencing varied inflationary pressures across different sectors, demanding attention from both policymakers and consumers. This analysis explores the key factors driving these changes and their implications for the economy. "
Will interest rates be cut this week? Experts say yes, at least 25bps, but 50bps would be better
Another interest rate cut this week, together with the lower transfer duties announced in the budget last week, will add further impetus to the market, especially for first-time buyers.
Analysts revise South Africa's inflation outlook amid cautious optimism
South African financial experts have adjusted their inflation expectations downward for 2025, with the Bureau for Economic Research's latest survey showing a decrease from 4. 5% to 4. 3%. This shift comes amid varying outlooks from analysts, business executives, and trade unions, pointing to a cautiously optimistic economic forecast.
Experts divided on potential interest rate cut as MPC meeting approaches
Experts share their insights on the anticipated interest rate decisions by the Monetary Policy Committee, considering economic pressures such as inflation and VAT increases.
Experts divided on potential interest rate cut as MPC meeting approaches
Experts share their insights on the anticipated interest rate decisions by the Monetary Policy Committee, considering economic pressures such as inflation and VAT increases.
Treasury forecasts 1. 9% GDP growth by 2025 as South Africa's economy is set for recovery
South Africa's National Treasury forecasts 1. 9% economic growth for 2025, as Finance Minister Godongwana unveils ambitious structural reforms and infrastructure investments to combat a decade of economic stagnation. Will these measures be enough to drive sustainable recovery?
Parliament's police watchdog demands answers on 'top secret' Phala Phala report
Parliamentary police portfolio committee chairperson Ian Cameron challenges the unprecedented 'top secret' classification of the Phala Phala report, raising concerns about transparency and public accountability in a matter of national interest.
The Great South African Homeowners' Heist: How the banks robbed us blind
For decades, South African homeowners have been victims of a monumental deception by banks. Discover how financial institutions have manipulated trust and exploited borrowers under the guise of lending.
Will the SARB cut interest rates again in March? Insights from the experts
Property experts and S&P Global weigh in on SARB's crucial March 20 interest rate decision, as budget delays and global uncertainties cloud the outlook for further cuts.
SA's G20 Finance Track faces global challenges as leaders seek common ground
Finance Minister Enoch Godongwana navigates complex global divisions at the G20 finance track meeting in Cape Town, achieving progress on work programmes despite geopolitical tensions preventing full consensus.
G20 meeting fails to reach consensus amid increasing global economic uncertainty
inance ministers from the world's leading economies failed to reach consensus at the G20 meeting in South Africa, highlighting deepening global divisions on climate finance and economic policies. With notable absences from key nations and against a backdrop of foreign aid cuts, the meeting resulted in a chairman's statement rather than a joint communiqué
Ithala’s Betrayal | The Systematic Erasure of Black Banks in South Africa
Ithala's destruction is not an isolated incident; it is a clear indication of what happens when black economic initiatives dare to disrupt the status quo, writes Sipho Tshabalala.