Browsing: South Africa

Nigeria Seeks South Africa’s backing for G20, BRICS Membership The Nigerian government is seeking South Africa’s backing to attain full…

The South African Reserve Bank (SARB) slashed its key interest rate by 25 basis points to 7.75% in line with analysts’ estimates.

South African Annual consumer inflation cooled for a fourth consecutive month, easing to 3,8% in September from 4,4% in August, statistics office

In its creditworthiness assessment, Fitch Ratings has affirmed South Africa’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BB-‘ with a Stable

Johannesburg Stock Exchange’s index rose about 0.7% to close at 82,824 on Friday, a record high, extending gains for the fourth session in a row.

Fitch Ratings has affirmed South Africa’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BB-‘

The South African government’s projection that government debt/GDP will rise to 77.7% in the fiscal year ending March 2026 (FY26) is broadly in line with Fitch Ratings’ forecasts.

South Africa’s annual inflation rate fell further to a two-year low of 4.8% in July 2023, down from 5.4%

South Africa’s economy is facing mounting economic and social challenges, the executive board of IMF

South Africa’s outlook has been downgraded to stable as infrastructure shortfalls weigh on growth, S&P ratings