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South Africans could face rising living and borrowing costs after inflation accelerated to 4% in April, with economists warning that fuel-driven global price shocks — not domestic demand — are complicating the South African Reserve Bank’s interest rate outlook

Inflation holds firm in May

Still-sticky inflation could further delay long-awaited interest rate cuts

The DA’s part in the coalition stands to entrench the neoliberal programme advanced by the ANC, rather than inspire a very necessary redirection. (Alexander/Sowetan/Gallo Images/Getty Images)

Market on tenterhooks amid coalition talks

As the 14 days to announce a coalition government commences, investors are nervous and the rand is flat

The South African Reserve Bank is likely to hold interest rates unchanged

Disinflation uncertainty could push interest rate cuts to 2025

The US Federal Reserve’s ‘higher for longer’ stance and local election jitters have weighed on the rand, adding to price pressures This content is restricted to registered users…

The Reserve Bank has maintained the repo — at which it lends to commercial banks — steady at 8.25% for five consecutive meetings, since hiking it by 50 basis points in May 2023.

SARB will hold off on rate cuts until July, experts predict

Today’s monetary policy committee meeting comes in the wake of a surprise acceleration in South Africa’s annual inflation rate

Finance Minister Enoch Godongwana. Photo: Dwayne Senior/Getty Images

Move to tap forex reserve is ‘sensible’

Commentators are cautiously positive about the treasury’s decision to use the Gold and Foreign Exchange Contingency Reserve Account

South Africans could face rising living and borrowing costs after inflation accelerated to 4% in April, with economists warning that fuel-driven global price shocks — not domestic demand — are complicating the South African Reserve Bank’s interest rate outlook

Inflation slows again, but interest rate cut is probably still off the table

After the release of the December inflation data, Investec chief economist Annabel Bishop said the Reserve Bank is likely to remain hawkish amid upside risks This content is…

Photo: Dwayne Senior/Bloomberg via Getty Images

Inflation’s defeat is an empty victory

This year will finally see interest rates fall. But whatever relief the Reserve Bank administers, it will have come too late for some

The South African Reserve Bank is likely to hold interest rates unchanged

Inflation rises towards Reserve Bank’s upper limit, pointing to rate hikes down the line

Despite inflation coming within a hair’s breadth of 6%, there is still reason to believe that the central bank will hold interest rates this week

While a higher inflation rate may otherwise inspire increased hawkishness in the South African Reserve Bank’s monetary policy committee — which meets this week — analysts expect that the repo rate will be kept on hold again. (Delwyn Verasamy/M&G)

Reserve Bank expected to look past slight inflation uptick

Inflation accelerated to 4.8% year-on-year in August, up from 4.7% in July, according to data from Statistics South Africa

Consumer confidence has rebounded from the low recorded in the second quarter, but it remains firmly within depressed territory. Photo: Waldo Swiegers/Bloomberg/Getty Images

Depressed consumer sentiment lifts slightly

The improvement in confidence was helped by the change in attitude of affluent consumers, who were spooked by severe load-shedding and the Russian cargo ship debacle in the…

South Africa’s economy expanded by a marginal 0.1% in the first quarter of 2025

SA’s economy records better-than-expected growth

A boost to manufacturing and agriculture’s rebound has seen the country’s GDP expand 0.6% quarter-on-quarter

with interest rates expected to remain elevated for some time, prospective homebuyers may be better off holding back a little while longer. Photo: Jacques Stander/Gallo Images

EXPLAINER: Even as inflation falls, homebuyers hold off

Interest rates will probably remain much higher than their pre-pandemic average, as the Reserve Bank guards against ongoing inflation risks

(Phill Magakoe/Getty Images)

El Niño, the next inflation frontline

South Africa, and the world, seem to be emerging out of an inflation-induced economic malaise. But as the world heats up, so will prices

The decision to form a unity government has been broadly welcomed by economists.

Not out of the woods yet, SA’s economy braces for another blow

The country’s economy expanded 0.4% in the first quarter, but analysts warn not to expect growth or recovery anytime soon

Inflation eases to 11-month low

The rand strengthened ahead of Wednesday’s inflation data, but it still held above R19 against the dollar

The South African Reserve Bank is likely to hold interest rates unchanged

Explainer: What a weak rand means for interest rates

Later this month the South African Reserve Bank will decide how big a rise the country’s flailing economy can take

Finance Minister Enoch Godongwana.

Budget 2023: ‘neutral good’ versus ‘neutral evil’

The finance minister’s commitment to toeing the line may send positive signals to ratings agencies, but at what cost?

A person shops at a supermarket in Moscow on April 6, 2022. – Russia said on April 6 it had been forced to make foreign debt payments on dollar-denominated bonds in rubles, in a new blow to its efforts to avoid a sovereign default amid unprecedented Western sanctions over the Ukraine conflict. (Photo by Natalia KOLESNIKOVA / AFP)

From Russia, with love: How a war changed the global economy

One year on, the Kremlin’s impact appears to be retreating — but, amid uncertainty about the global economy’s growth trajectory, risks to inflation remain

President Cyril Ramaphosa delivers his State of the Nation address. (Dwayne Senior/Bloomberg via Getty Images)

A BIG leap is Ramaphosa’s best step to economic growth

The government has shown that it is willing to explore introducing a basic income grant, which would mark a big step towards achieving growth

The South African Reserve Bank has hiked the repo rate by a less-than-forecast 25 basis points. (Gallo Images / Alet Pretorius)

Reserve Bank lifts repo rate by 25 basis points in the wake of load-shedding’s economic hit

The country’s energy crisis stands to shave two percentage points off growth in 2023