MegaBanner-Right

MegaBanner-Left

LeaderBoad-Right

LeaderBoard-Left

Home Tags Rates

Tag: rates

South Africa’s central bank cautious about more rate cuts

The South African Reserve Bank (SARB) is taking a cautious approach to monetary policy as risks to the inflation outlook are on the upside, deputy governor Daniel Mminele said. South...

Why South Africa can cut rates this week

For all its economic troubles, South Africa has managed to keep inflation within its central bank’s target band. The latest numbers on Wednesday confirmed this. As the following graphic shows,...

SA motorists not ready for the September fuel price hike

South African consumers will face yet another blow with the expected increase in fuel price of around 60 cents a litre in September. According to the latest National Credit Regulator...

South Africa rate cut likely in November

South Africa’s Reserve Bank is expected to cut interest rates again in November and possibly even September given the relatively tame inflation outlook, a Reuters poll found on Friday. The...

Cape residents revolt over rates hikes

Exorbitant property rates and electricity tariffs have raised the ire of Cape Town residents, with Cosatu saying it is planning strike action after being inundated with complaints.   Earlier in the...

Technical recession indicates SARB is behind the curve on rate cuts

The recent announcement that South Africa has officially entered a technical recession – characterised by two consecutive quarters of negative GDP growth – indicates that the South African Reserve Bank (SARB)...

City Council’s draft budget features lowest rates and tariff increases in a decade

The Cape Chamber of Commerce has welcomed the City Council’s draft budget proposals which feature the lowest rates and tariff increases in 10 years. “We had a decade of above inflation...

City offers nearly R1,2bn in rates relief

In the previous financial year 2015/16, The City of Cape Town waived more than R90m in rates rebates to senior citizens, residents with special needs and indigent persons. In total, the...

Steady rates, no surprise

The Reserve Bank’s decision to leave its repo rate unchanged at 7% per annum at the conclusion of its monetary policy meeting today is no surprise. Inflation has improved The inflation outlook has...

MUST READ

WEG Africa’s new Cape Town premises reflect 30 years of growth

Celebrating 30 years since its inception, WEG Africa’s Cape Town branch can mark this achievement from its larger and improved premises in Richmond Business...

RECOMMENDED

Cape Business News
Follow us on Social Media