The South African Reserve Bank (SARB) kept the repo rate unchanged at 7.50%, as expected by most economists, with Governor Lesetja Kganyago pointing to elevated risks "extreme levels of uncertainty".
Tax bracket creep occurs when your salary increases due to inflation, but tax brackets are not adjusted accordingly.
Explore the implications of the South African Reserve Bank's latest repo rate decision and what it means for the economy.
South Africa's central bank paused its rate-cutting cycle on Thursday as risks stemming from U.S. President Donald Trump's ...
as they gradually affect other interest rates in the economy, thereby reducing borrowing costs. In its February monetary policy, the RBI cut the repo rate by 25 bps—the first reduction in nearly five ...
The passage of the Expropriation Act in South Africa has set the air thick with tension, a moment that peels open the past to reveal its jagged edges. A history that never ended, only submerged ...
The bank’s Monetary Policy Committee said it was reducing its benchmark one-week repo rate from 45% to 42.5%. It was the bank’s third rate cut in a row and came after official data indicated that ...
Singapore and South Korea joined New Zealand and Canada in tightening... Stock Market And Week Ahead: U.S. CPI, Retail Sales, ECB, BoC, RBNZ Rate Decisions By Naeem Aslam - Apr 11, 2022 Stock ...
South Africa have grown accustomed to playing in these ICC knockout games — but winning them, not so much. Aside from when they claimed the Champions Trophy in 1998 — then called, ironically ...
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In recent months, the central bank has shifted its policy approach, reducing reliance on the MLF as its primary tool and increasingly using the seven-day reverse repo rate to guide market ...