interest rateslatest news & developments
How long can Cape Town house prices defy gravity?

Homebuyers retreat as rates rise

Higher interest rates squeeze buyers as demand cools

Why a 5% US bond yield is now South Africa’s problem

How US bond yields reach SA rates, the rand and savings

El Niño is about to make the household squeeze get real

El Niño may end South Africa's slow food price growth

MICHAEL AVERY: Finance is proud. But is industry content?

Monetary respectability comes at a prices

Reserve Bank governor Lesetja Kganyago.

Kganyago turns hawkish with unanimous rate hike

Kganyago’s MPC more hawkish than expected

Lesetja Kganyago.

What the data says the Bank should do about the interest rate

Market-based inputs to its model point to a hike

Reserve Bank governor Lesetja Kganyago.

Inflation expectations ease, but oil keeps SARB on edge

Oil spike and bond sell-off keep rate hike in play

GDP stumble raises the hurdle for 2026

A GDP contraction has dealt ablow to South Africa's economic momentum, endangering growth targets

Behind the inflation debate: What the analysts say

A sharp drop in July inflation has led economists to rethink interest rate projections

inflation rate hikes. Rawpixel/Currency

Economists split on Kganyago's next move as inflation cools

Markets bet on a hike, some economists are seeing a hold next month

South Africa’s Reserve Bank Governor Lesetja Kganyago speaks during the G20 news conference at World Bank/IMF Annual Meetings at the International Monetary Fund (IMF) headquarters in Washington, Thursday, Oct. 16, 2025. (AP Photo/Jose Luis Magana)

Rand blows out as Kganyago holds

Predictions for further rate hikes are all over the show after the Reserve Bank’s surprise pause

SARB. Reserve Bank. Supplied

Inflation shock puts SARB rate hike on the cards

Consumer inflation hit a two-year high of 5% in June, firming bets on a SARB rate hike at Thursday’s MPC meeting

Week ahead

The week ahead: Monetary policy and Phala Phala

Mark your calendar: here is the political and economic news to watch out for in the days to come

Gold Fort Knox. iStock / Getty Images Plus / Currency collage

Point break for the gold price

A frenzied gold rally in January has long since cooled, but the World Gold Council reckons the precious metal is back at a tipping point

oil see-saw. Rawpixel/Currency

Dizzying reversal in oil prices has rates in and out of play

Lower oil prices have eased inflation risks and boosted bonds, but uncertainty over expectations and US rates keeps a July hike in play

GDP data. Rawpixel; Currency collage

The hidden warning in the GDP data: consumers are buckling

First-quarter GDP beat expectations at 0.5%, but household consumption fell to a two-year low, signalling economic headwinds amid rising rates.

Jibar Zaronia. Rawpixel/Currency

The great rate switcheroo about to impact your cash

It’s time to bid Jibar goodbye and welcome Zaronia: the main new rate for South African loans, bonds and derivatives

Administered prices, SARB. Rawpixel/Currency

How Joburg’s budget destroys the SARB’s balancing act 

Joburg’s tariff increases gravely undermine the Bank’s efforts to rein in inflation, and compound the misery of higher interest rates

Gallo Images/Fani Mahuntsi

Kganyago hikes rates — but bets are off from here

The SARB hiked 25bps to 7% but debated 50 – and its revised inflation and oil assumptions mean a July increase is already on the table

Reserve Bank governor Lesetja Kganyago. Gallo Images/Fani Mahuntsi

Why the SARB should hike rates on Thursday  

Higher oil prices, rising inflation and the rand: South Africans need to brace for a 25-basis-point rate hike