inflation targetlatest news & developments
South African Reserve Bank Governor Governor Lesetja Kganyago announced an increase in the interest rate on Wednesday.
SOUTH AFRICAN RESERVE BANK

Sarb hike: Are higher-for-longer rates back?

Could this be the last rate hike – or just the beginning?

  • Ashley Lechman
6 min read
South African households face higher debt repayments after the Reserve Bank raised the repo rate to 7.25%, with Debt Rescue warning that consumers have little room left in their budgets.
SOUTH AFRICAN RESERVE BANK

Repo rate rises to 7.25% as South African households face renewed financial pressure

South African households face higher debt repayments after the Reserve Bank raised the repo rate to 7.25%, with Debt Rescue warning that consumers have little room left in their…

  • Ashley Lechman
5 min read
SARB Governor Lesetja Kganyago. File picture: Simphiwe Mbokazi
INTEREST RATE

Brace yourself, South Africa: a rate hike could be on the cards this week

Economists unpack the forces that could shape the Reserve Bank’s interest rate decision.

  • Ashley Lechman
6 min read
South Africa’s inflation rate fell sharply to 4.3% in July, but rising oil prices and higher fuel costs could push inflation higher again in the months ahead.
INFLATION

South Africa inflation outlook in focus as oil prices put pressure on September rate decision

South Africa’s inflation eased to 4.3% in July, but higher oil and fuel prices could slow further progress ahead of the Reserve Bank’s September interest-rate decision.

  • Ashley Lechman
4 min read
Consumers face mounting pressure.
GDP

GDP contraction puts pressure on South African consumers

South Africa’s latest economic number tells a bigger story.

  • Ashley Lechman
5 min read
Brent crude rose above $100 a barrel on Wednesday, reviving concerns that higher energy costs could intensify inflationary pressure and weigh on markets. The rand remained relatively stable, while South African motorists faced renewed fuel-price risks.
OIL

Brent crude rises above $100 as inflation fears unsettle markets

Brent crude rose above $100 a barrel on Wednesday, reviving concerns that higher energy costs could intensify inflationary pressure and weigh on markets. The rand remained…

  • Ashley Lechman
4 min read
Statistics South Africa reported a decrease in Consumer Price Inflation for July, yet consumers continue to face rising costs, particularly in fuel and essential goods.
INFLATION

Despite CPI decline, South Africans brace for higher fuel prices

Statistics South Africa reported a decrease in Consumer Price Inflation for July, yet consumers continue to face rising costs, particularly in fuel and essential goods.

  • Ashley Lechman
5 min read