South Africa anticipates interest rate cut in January, offering hope to consumers
South African consumers can expect some financial relief at the start of 2025 as the South Africa Reserve Bank (Sarb) is anticipated to cut interest rates on January 30, 2025. According to chief ...
South Africa 2024 Inflation Lowest In Four Years
South Africa's annual inflation rate for 2024 dropped to 4.4 percent, the lowest level since 2020, the national statistics bureau announced Wednesday.
South Africa inflation ticks up but rate cut still seen next week
South Africa's headline consumer inflation rose to 3.0% year on year in December from 2.9% in November , data from the ...
The Citizen6d
South Africans entering 2025 drowning in debt and without any savings
Consumers have so little money and so much debt that 38% of respondents in a survey said they will buy less food to cut costs ...
Independent Online5d
The impact of inflation on debt review applications in South Africa
While official inflation ... debt to be paid off. During this time, the consumer cannot apply for more credit. Independent Online, popularly known as IOL, is one of South Africa’s leading ...
South Africa Inflation Climbs For Second Month, Retail Sales Growth Improves
South Africa's consumer price inflation accelerated for a second straight month in December and retail sales growth improved again in ...
Bloomberg L.P.7d
Rand Drop Won’t Derail South African Inflation Plans, Policymaker Says
A policymaker at South Africa’s central bank downplayed the potential impact of the rand’s recent weakness on inflation, in remarks ahead of its rate-setting meeting later this month.