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inflation, South Africa

South African central bank lowers inflation goal without minister's sign-off
By Kopano Gumbi, Sfundo Parakozov and Alexander Winning PRETORIA (Reuters) -South Africa's central bank said on Thursday it would now aim for 3% inflation, not 4.5%, despite the finance minister not yet signing off on a formal target change,
South Africa's Bold Inflation Shift: SARB Targets 3% Despite Treasury Hesitation
South Africa's central bank aims for 3% inflation, deviating from its 4.5% target, and lowers its lending rate. Despite Finance Minister Godongwana's reservations, SARB's Governor Kganyago advocates for this shift to enhance competitiveness.
South Africa set to cut interest rates as tariff details awaited
The South African Reserve Bank (SARB) is poised to extend its longest easing cycle since 2019 on the eve of stiffer US trade tariffs, which are likely to weigh on the country’s already sluggish economic growth.
Cost of South African government borrowing falls as Reserve Bank targets lower inflation
South Africa's government borrowing costs dropped to their lowest in five years after the Reserve Bank announced on Thursday it would lower its inflation goal despite the finance minister not yet signing off on a formal change of target.
South African Reserve Bank Cuts Main Repo Rate to 7%
The central bank cut its main repo rate by a quarter percentage point as inflation remains low in the midst of continuing global uncertainty.
South African central bank governor's comments on rate decision
South Africa's central bank cuts key rate, will aim for bottom of target band
South Africa's central bank cut its key interest rate by 25 basis points to 7.00% on Thursday and said it would now aim for the bottom of its inflation target range.
The Citizen1d
A 3% inflation target: What it means for SA markets, and will it solve our debt issues?
Some economists believe the governor of the Reserve Bank could even announce the 3% inflation target on Thursday, along with ...
Farmer's Weekly12h
Meat prices push SA food inflation to 15-month high
South Africa’s food price inflation continued to climb in June, driven largely by surging meat prices, which reached a ...
South Africa's inflation rises to 3.0% y/y in June, as expected
South Africa's headline consumer inflation rose to 3.0% year on year in June from 2.8% in May, statistics agency data showed ...
BusinessTech1d
It’s a good year for salaries in South Africa
BankservAfrica’s latest Take-home Pay Index shows that disposable income in South Africa has stabilised after three months of ...
Here's what making news in Africa today
Welcome to our live blog covering the latest from across Africa. Track the continent’s evolving stance on global affairs and ...
Kganyago Sees South Africa CPI Staying in Target Despite Risks
South Africa’s central bank Governor Lesetja Kganyago signaled confidence that inflation would remain within its target for the next two years, despite uncertainties stemming from US tariffs.
U.S. News & World Report5mon
South Africa Inflation Edges up in First Release Since Basket Update
Inflation rose to 3.2% year on year in January from 3.0% in December, lower than the 3.3% forecast by economists and still well within the South African Reserve Bank's range of 3% to 6%.