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's statistics agency has updated its consumer inflation basket for the first time since 2022, including items ...

South Africa's central bank cut its main lending rate by another 25 basis points to 7.50% as expected on Thursday, saying ...

South Africa will add rosé wine, snuff and e-cigarette refills to its inflation basket and remove frozen potato chips and ...

South Africa's inflation rose to 3% in December 2024 from 2.9% in November, falling short of the 3.2% expected by economists, according to Statistics South Africa. The slower-than-anticipated increase ...

South Africa needs a credible plan to stabilise and reduce debt or it risks economic stagnation and financial instability.

South Africa is focusing on implementing growth-enhancing reforms not regaining its investment-grade credit rating, which ...

The South African Reserve Bank has cut rates by 25 basis points in line with expectations, but there are fears over a ...

South Africa's central bank trimmed its main lending rate as expected on Thursday, its third cut in a row, but it placed ...

Press Release - The Congress of South African trade Unions (COSATU) welcomes the latest 25 basis points repo rate cut to 7.5%, bringing the prime lending rate to 11%.

Statistics South Africa reported on Wednesday that inflation for 2024 overall came in substantially lower year-on-year at 4.

This comes after the central bank’s Monetary Policy Committee (MPC) voted for a 25BPS cut today, which translates to a 0. 25% ...