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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Tag: interest rates
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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FirstRand Turns Optimistic on South Africa’s Economy as Growth Prospects Strengthen
FirstRand Ltd, South Africa’s largest lender by market value, has revised its outlook on the nation's ...
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Ghana Committed to Fiscal Discipline for Economic Recovery, Says Finance Minister
Ghana is set to continue implementing measures introduced under the 2023 budget and the International Monetary ...
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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.