Tag: South African Reserve Bank

South African Reserve Bank raises rate to 7.25% as global risks mount

South Africa’s Reserve Bank raises its policy rate to 7.25% as fuel prices lift inflation risks and economic growth remains under pressure.

Oluwatosin Alao Oluwatosin Alao

South Africa inflation falls to 4.3%, easing pressure on consumers

South Africa’s inflation rate fell to 4.3% in July, helped by lower fuel and food prices, easing pressure on consumers and the central bank.

Oluwatosin Alao Oluwatosin Alao

South Africa reshapes its payment system as Reserve Bank takes control

South Africa’s Reserve Bank takes control of key payment system functions as PASA’s role changes in a major overhaul of the country’s payments system.

Oluwatosin Alao Oluwatosin Alao

South Africa unveils new R2 coin honoring 1956 women’s march

South Africa’s Reserve Bank has issued a new R2 commemorative coin marking 70 years since the historic 1956 Women’s March.

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