The South African Reserve Bank Governor Lesetja Kganyago announced that the interest rate was reduced to 7% and the prime lending rate was reduced to 10.5%.
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President Cyril Ramaphosa shows respect to SMME entrepreneurs, SA slams him
President Cyril Ramaphosa praised small business entrepreneurs in his Presidential Awards speech. He said entrepreneurs are the real human capital of society.
Reserve Bank's 'conservative' interest rate cut 'expected' as SA gears up for seasonal spending
The Reserve Bank has cut the interest rate by 25 basis points after a unanimous vote on 21 November 2024. Economist Dawie Roodt told Briefly News this was expected.
Unemployment rate decreases to 32.1% from 33.5% but SA is still not pleased
Statistics South Africa released its recent Quarterly Labour Force Survey, which showed that the number of unemployed people decreased slightly by 1.4%.
South Africans joke as the rand drops by 1%: "Who is controlling this rand?"
SA's currency experienced another decrease in three weeks because of international issues like the tension in the Middle East and the dollar strengthening.
Food prices expected to drop following rate cut, South Africans laugh: "Tell us another joke"
Food prices are expected to take a dip after the South African Reserve Bank governor Lesetja Kganyago announced a lower repo rate which came into effect last week.
SARB announces 25 basis points interest rate chop, South Africans not happy
South African Reserve Bank Governor Lesetja Kganyago announced that the interest rates have been cut by 25 basis points to 8%, which did not impress many.
South African Reserve Bank expected to cut interest rates, Mzansi not surprised
The South African Reserve Bank governor Lesetja Kganyago is expected to announce the interest rate today, and economists are expecting an interest cut.
Chocolate lovers react to 45% increase in cocoa prices, Mzansi shares solution
An increase in the price of cocoa in Ghana will have a direct impact on the price of chocolate in South Africa. Mzansi believes that they have the solution.
Exclusive: Wits University economist Dr Kenneth Creamer expresses hope about the unemployment rate
Dr Kenneth Creamer, a Wits University economist, spoke to Briefly News about the unemployment rate and measures the government could explore to curb it.
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