Sign in Subscribe

Economics

Reserve Bank Cuts Repo Rate to 6.75% in Unanimous MPC Decision

PRETORIA, 20 November 2025. The South African Reserve Bank's Monetary Policy Committee voted unanimously on Thursday to cut the repo rate by 25 basis points to 6.75%, effective 21 November 2025, lowering the prime lending rate to 10.25% and continuing an easing cycle that began in September 2024.

Godongwana Cuts Inflation Target to 3% in 2025 Medium-Term Budget

CAPE TOWN, 12 November 2025. Finance Minister Enoch Godongwana presented the 2025 Medium-Term Budget Policy Statement (MTBPS) to Parliament on Wednesday, announcing that South Africa would lower its headline inflation target to 3% with a one percentage-point tolerance band, the first revision to...

South Africa Marks 168 Consecutive Days Without Load Shedding

JOHANNESBURG, 2 November 2025. South Africa recorded 168 consecutive days without electricity load shedding on Sunday, the state power utility Eskom announced, marking one of the longest uninterrupted supply periods in recent memory and highlighting a sustained recovery in the national grid.