Rand Firms as Dollar Weakens Ahead of Key Business Data
The South African rand appreciated modestly in early trade on Tuesday, supported by a weaker United ...
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Tag: interest rates
Egypt Lowers Interest Rates as Inflation Moderates, Signalling Confidence in Economic Stability
The Central Bank of Egypt (CBE) has reduced its key interest rates by 100 basis points, ...
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Ghana Lowers Benchmark Interest Rate to 18 Percent
The Bank of Ghana has announced a 350 basis point reduction in its benchmark lending rate, ...
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South African Reserve Bank Reduces Key Rate in Response to Improved Inflation Outlook
In a landmark monetary policy decision, the South African Reserve Bank (SARB) has reduced its main ...
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Kenya’s Central Bank Lowers Policy Rate as Inflation Remains Steady Within Target
The Central Bank of Kenya (CBK) has reduced its benchmark lending rate to 9.25%, down from ...
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Mozambique’s Central Bank Moderates Policy Rate Cuts as Inflation Stays Contained
The Bank of Mozambique has reduced its benchmark policy rate, the MIMO rate, by 50 basis ...
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South African Reserve Bank Lowers Repo Rate to 7.25%
The South African Reserve Bank (SARB) has reduced its benchmark repo rate by 25 basis points ...
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Gold Soars to Record Highs as Trade War Fears Shake Global Markets
Gold prices soared to a historic peak on Thursday as market participants intensified safe-haven positioning amid ...
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South Africa Revises Inflation Basket to Reflect Evolving Consumer Trends
Statistics South Africa has announced a significant update to its consumer inflation basket, introducing several new ...
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UK Economy Shrinks Again in October, Raising Concerns Over Stagflation
The UK economy unexpectedly contracted by 0.1% in October 2023, according to the latest data from ...
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The Southern African Times is a regional bloc digital newspaper that covers Southern African and world news. The paper also gives a nuanced analysis on news and covers a wide range of reporting which include sports, entertainment, foreign affairs, arts and culture.