South Africa shifts to FDI outflows in third quarter, central bank says
South Africa recorded foreign direct investment outflows of 3.2 billion rand ($179.87 million) in the third quarter, compared to inflows of 16.6 billion in the second quarter, central bank data showed on Friday.
Access Bank Targets South African Market with $159 Million Bidvest Bank Acquisition Deal
Access Bank has acquired Bidvest Bank to strengthen its South African presence and solidify its pan-African growth strategy.
South Africa: Central Bank Transparency Code Review
The South African Reserve Bank (SARB) sets a high benchmark for transparency and is considered by the external stakeholders one of the most reputable and effective public institutions in South Africa,
South Africa inflation stays below central bank target in November
South Africa's headline consumer inflation edged up to 2.9% year on year in November from 2.8% in October, staying just below the central bank's target range, data from the statistics agency showed on Wednesday.
Clock ticking for magstripes on bank cards in South Africa
Magnetic stripes on bank cards appear to be on their way out as South Africa’s financial institutions look to more modern features to bolster the security of card transactions.
South African Inflation Expectations Decline to Three-Year Low
South African inflation expectations for the next two years fell to their lowest level since 2021, edging closer to the midpoint of the central bank’s target range and boosting the case for policymakers to continue lowering interest rates.
South Africa inflation rises less than expected, helped by food
South Africa's inflation rate rose less than expected in November, staying just below the central bank's target range thanks to food inflation slowing to its lowest level in almost 14 years.
South Africa Inflation Rises Slightly To 2.9%
South Africa's consumer price inflation increased marginally in November after easing to more than a 4-year low in October, figures
The Africa Report8h
Kenyan banks resist interest rate cuts despite Central Bank push
The failure to lower interest rates in tandem with the Central Bank Rate (CBR) risks hurting Kenya’s economic growth.
S. Africa Cautious on Rates to Avoid ‘Regret,’ Kganyago Says
South African Reserve Bank Governor Lesetja Kganyago said policymakers were proceeding with care on adjusting interest rates, ...
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Minister Enoch Godongwana: Finance and Central Bank Deputies Meeting
The discussions under South Africa's G20 Presidency will take place alongside the 5th Finance in Common Summit (FiCS) that will take place at the Cape Town International Convention Centre, South ...
Climate shocks and the economy: we asked South Africa’s central bank what role it plays in bringing stability
The South African Reserve Bank’s mandate is price and financial stability. It has the tools to identify, analyse and manage ...
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South African inflation inches up, leaving rate cut hopes intact
South Africa’s inflation rate crept up by less-than-expected in November, creating room for the central bank to deliver ...
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South Sudan President Kiir sacks army chief, central bank governor
South Sudan President Salva Kiir decrees the latest purge of the country’s security and economic institutions.