Explore the Category

CPI announcement

30 July 2020

Consumer price inflation was 2.2% year-on-year as at the end of June 2020. This was marginally up from 2.1% year-on-year the previous month. The May inflation print was the lowest in more than a decade and June was only slightly higher.

The Reserve Bank eases monetary policy again to support growth

23 July 2020

SA Reserve Bank Governor, Lesetja Kganyago, announced this afternoon that the monetary policy committee (MPC) had decided to maintain its accommodative stance by lowering the repo rate by an additional 25 basis points (bps) to a record low of 3.50%.

MPC announcement

23 July 2020

The Monetary Policy Committee (MPC) decided to decrease the repo rate by 25 basis points to 3.50%. This was a split vote within the committee with three members voting for the rate cut and two members voting for no change in the short-term interest rate.

The question is not if the MPC will cut interest rates – but how much?

22 July 2020

A sharp fall in the rate of consumer price inflation has defanged what was initially paraded as “aggressive” monetary policy action intended to stimulate the floundering economy.

quick poll

Question

If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?

Answer

2026, as promised 2027 looks more likely Impossible to say More consultation needed

View the Results