The Reserve Bank will leave interest rates on hold this week but cut rates by 25 basis points in September, a poll suggested.
Browsing: Gina Schoeman
Assets are rebounding, fuelled by investor hopes that the country will soon get a more market-friendly government.
President Cyril Ramaphosa announced 10 changes to his cabinet, including the appointment of close political ally Enoch Godongwana as his new finance minister.
The South African Reserve Bank increased its benchmark interest rate for the first time in more than two years as it sees inflation risks staying elevated.
South Africa’s economic growth accelerated for the first year in four in 2017 as agricultural output surged following a recovery in output after the worst drought in more than a century. GDP expanded 1.3% last year, more