The Reserve Bank has announced a 100 basis point cut in the repo rate, giving further relief to hard pressed South Africans. [read more]

The following is a statement from the Monetary Policy Committee of the Reserve Bank of South Africa: [read more]

Although a rate cut Thursday was expected to give some relief to cash-strapped consumers, it is unlikely to significantly help an expected 66,000 people per month who join a list of those who cannot ... [read more]

South Africa's Consumer Price Index (CPI), a method used by the Reserve Bank to measure inflation, dropped slightly to 8.5 percent in March, reports Statistics South Africa. [read more]