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South Africa

Reserve Bank cuts repo rate by 25 basis points

Thursday, May 29, 2025

The South African Reserve Bank's (SARB) Monetary Policy Committee (MPC) has decided to reduce the repo rate by 25 basis points, with effect from 30 May.

Cabinet affirms its support for the 2025 National Budget

Thursday, May 29, 2025

Cabinet has affirmed its support for the 2025 National Budget tabled by the Minister of Finance on Wednesday, 21 May 2025, which details key spending priorities over the next three years within the country’s fiscal envelope.