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South Africa: Central Bank Cuts Interest Rates
BuaNews, 30 April 2009
The Reserve Bank has announced a 100 basis point cut in the repo rate, giving further relief to hard pressed South Africans. Read more »
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South Africa: Central Bank Cuts Interest Rate
Reserve Bank of South Africa, 30 April 2009
The following is a statement from the Monetary Policy Committee of the Reserve Bank of South Africa: Read more »
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South Africa: Debt Pain to Continue Despite Rate Cut
West Cape News, 30 April 2009
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… Read more »
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South Africa: Inflation Drops Slightly to 8.5 Percent
BuaNews, 29 April 2009
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 »