Latest South African Reserve Bank News

South Africa reserve bank holds rates amid inflation fears
PRETORIA: Despite a bleak economic outlook South Africa's Reserve Bank opted to leave interest rates on hold on Thursday, fearing any move to stimulate the economy now could fuel inflation. The bank left its key interest rate at 5.0 percent …
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South Africa's Reserve Bank Keeps Key Interest Rate on Hold
By Patrick McGroarty. JOHANNESBURG–South Africa's Reserve Bank on Thursday kept its key interest rate unchanged at 5% and sounded a somber warning about the impact recent labor turmoil has had on growth prospects and investor sentiment.
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Randela – Coining the Icon
Many people who are critical about the legacy of Nelson Mandela have beeb outraged by the South African Reserve Bank's decision to place his iconic image on the South African paper currency. Some say Madiba is being appropriated by capitalists and …

South Africa Inflation Quickens in October on Rand, Fuel
South Africa's inflation rate rose more than economists forecast to the highest in four months as a weaker rand increased the cost of imports, boosting the case for the Reserve Bank to keep borrowing costs unchanged tomorrow. Inflation accelerated to 5 …
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