Breaking news and insights at nationalcourrier.com
The South African rand weakened after the SARB kept interest rates steady at 7.50%. The rand was trading at 18.22 to the dollar, influenced by the U.S. Federal Reserve’s recent …
South African Rand Weakens as Central Bank Holds Interest Rate Steady Read More
South Africa’s central bank has paused its rate cuts, keeping the repo rate at 7.50% due to trade wars and budget risks. Inflation remains steady at 3.2%, and the rand …
South Africa Halts Rate Cuts Amid Economic Uncertainties and Budget Challenges Read More
South Africa’s consumer inflation was steady at 3.2% year-on-year in February, with a month-on-month rise to 0.9%. Economists expected a slight increase to 3.3%. The South African Reserve Bank will …
South Africa Consumer Inflation Remains Stable at 3.2% in February Read More
South Africa’s consumer inflation held steady at 3.2% year-on-year in February, with a month-on-month increase to 0.9%. Economists had anticipated a rise to 3.3%, and the Reserve Bank will announce …
South Africa Maintains Steady Consumer Inflation at 3.2% in February Read More
The South African rand appreciated by 0.4% to 18.0175 against the dollar, bolstered by gold prices hitting a record high of $3,018.66. Analysts anticipate that this increase may incentivize local …
South African Rand Strengthens as Gold Prices Achieve Historic High Read More
South Africa has reduced its debt relief package for Eskom by R20 billion, opting to provide R50 billion in loans instead of assuming R70 billion of debt. This decision reflects …
South Africa Reduces Eskom Debt Relief Package and Loans Support Read More
The South African rand improved slightly against a weakened U.S. dollar as investors prepared for important U.S. inflation data and the local budget presentation. The rand traded at 18.30 per …
South African Rand Strengthens Amid U.S. Recession Concerns and Budget Anticipation Read More
The South African rand weakened against the U.S. dollar ahead of GDP figures, trading at 18.64. Investors are concerned about U.S. tariffs announced by President Trump and their potential economic …
South African Rand Weakens Ahead of GDP Data and U.S. Tariffs Read More
The South African rand fluctuated positively against the U.S. dollar on March 3, trading at 18.66, ahead of the manufacturing PMI data due at 09:00 GMT. The U.S. dollar held …
South African Rand Strengthens Ahead of Manufacturing PMI Survey Read More
Malawi has adjusted its 2025 growth forecast to 3.2%, down from 4.0%, as citizens protest against rising inflation. The discontent is primarily among street vendors and unemployed youths who blame …
Malawi Revises Economic Growth Projection Amid Public Protests Over Inflation Read More