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SARB Holds Repo Rate at 6.75% in Split Decision, Lowers 2026 Inflation Forecast

PRETORIA, 29 January 2026. The South African Reserve Bank's Monetary Policy Committee voted to hold the benchmark repo rate unchanged at 6.75% on Thursday, pausing after November's 25 basis-point cut in a four-to-two split decision that reflected diverging views among committee members on the...

Godongwana Leads South Africa Delegation to Davos as Ramaphosa Skips; WEF Africa Summit 2027 Announced

DAVOS, 22 January 2026. Finance Minister Enoch Godongwana led a six-minister South African delegation to the 56th World Economic Forum Annual Meeting in Davos-Klosters, Switzerland this week, after President Cyril Ramaphosa cited "scheduling priorities" for his absence from the gathering of some...

South Africa's 2025 Annual Inflation Averaged 3.2%, Lowest in 21 Years, as December Rate Holds at 3.6%

PRETORIA, 21 January 2026. South Africa's average headline consumer price inflation for the full year 2025 was 3.2%, the lowest annual average since 2004, Statistics South Africa reported on Wednesday, as December 2025 inflation came in at 3.6% year on year, slightly higher than November's 3.5%...

SACP Confirms It Will Contest 2026 Local Elections Independently Despite ANC Bilateral Talks

JOHANNESBURG, 12 January 2026. The South African Communist Party reaffirmed this week that it will contest the 2026 local government elections independently under its own banner, the first time in South Africa's post-apartheid democratic history that the SACP will field candidates without...

Ramaphosa Outlines Six ANC Priorities for 2026 at 114th Anniversary Rally

RUSTENBURG, 10 January 2026. African National Congress President Cyril Ramaphosa delivered the party's annual January 8 statement at Moruleng Stadium outside Rustenburg in the North West on Saturday, marking the ANC's 114th anniversary and outlining six priorities the party's National Executive...

South African Manufacturing PMI Falls to 40.5 in December, Steepest Contraction Since April 2020

JOHANNESBURG, 8 January 2026. South Africa's seasonally adjusted Absa Purchasing Managers' Index fell to 40.5 in December 2025 from 42.0 in November, marking the steepest month-on-month contraction in the manufacturing sector since April 2020, according to data published by Absa Bank on Thursday.

Ramaphosa Appoints SIU Head Mothibi as NDPP in Surprise Move After Panel Found No Suitable Candidates

PRETORIA, 6 January 2026. President Cyril Ramaphosa on Tuesday appointed Advocate Jan Lekgoa (Andy) Mothibi as South Africa's new National Director of Public Prosecutions (NDPP), effective 1 February 2026, in an appointment described as unexpected by observers after Mothibi was not among the six...