Nersa has approved a 12.7% tariff hike for Eskom in 2025/26, significantly lower than the utility’s initial request but still a blow to consumers.
With inflation inching up to 3% last December, financiers are anticipating a 25-basis point interest rate cut this Thursday.
The National Energy Regulator of South Africa has approved a controversial 12. 74% electricity price hike, prompting strong ...
The hawkish tone of the Reserve Bank governor and the Monetary Policy Committee does not bode well for the repo rate in 2025.
Energy regulator Nersa on Thursday granted state-owned power utility Eskom an average tariff increase of 12.7%.
These economists have reason to believe that the current rate-cutting cycle will only really continue until mid-2025.
JOHANNESBURG - The South African Reserve Bank (SARB)'s monetary policy committee said it remained concerned about the ...
Reserve Bank Governor Lesetja Kganyago has announced a 25-basis-point rate cut for South Africa, lowering the prime lending rate to 11%—the third consecutive reduction by the Central Bank. This move ...
Reserve Bank governor Lesetja Kganyago said on Thursday the monetary policy committee had agreed to cut the repo rate by 25 basis points to maintain price stability as inflation remains within the ...
The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with South Africa.
Monetary Policy Committee (MPC) has decided to reduce the repo rate by 25 basis points, with effect from 31 January 2025.
South Africa's central bank cut its main lending rate by another 25 basis points to 7.50% as expected on Thursday, saying that while inflation appeared well-contained the medium-term outlook was more ...