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- Indexed articles, last 90 days
- 4
- Latest publication
- Sep 23, 2026
- Outlet visibility, for CNBC Africa
- Top 500K sites
- Earliest in this view
- Jul 8, 2026
Latest articles
South Africa raises interest rate, citing Iran war price shocks | CNBC Africa (opens the original)
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PRETORIA, Sept 23 (Reuters) – South Africa’s central bank raised interest rates for the second time this year on Wednesday, saying the Iran war had triggered “large and sustained” price shocks and tighter policy was needed to prevent higher inflation from becoming entrenched. The decision by the South African Reserve Bank’s Monetary Policy Committee to raise the policy rate by 25 basis points to 7.25% was unanimous and in line with the average forecast in a Reuters poll of economists. It follows
South Africa adds Angolan kwanza to regional cross-border payment system | CNBC Africa (opens the original)
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PRETORIA, July 27 (Reuters) – South African Reserve Bank Governor Lesetja Kganyago said on Monday that the Angolan kwanza has become the first new settlement currency added to the Southern African regional payment system since its 2013 launch, marking a milestone in the expansion of the platform beyond the South African rand. The system facilitates real-time settlement of cross-border transactions across the Southern African Development Community (SADC), and was developed to facilitate funds tra
South Africa central bank surprises with rate hold, says policy tight enough | CNBC Africa (opens the original)
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PRETORIA, July 23 (Reuters) – South Africa’s central bank surprised investors and economists by keeping its main lending rate unchanged on Thursday, saying its policy was restrictive enough to return inflation to its target within two years. Analysts said the bank’s tone was much less hawkish than expected, after data showed this week that inflation had surged to its highest in two years last month. The rand currency plunged after the rate decision was announced, trading down over 2% against the
Johannesburg, other municipalities face funding freeze over high spending | CNBC Africa (opens the original)
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JOHANNESBURG, July 8 (Reuters) – South Africa’s National Treasury will withhold funding from Johannesburg and dozens of other municipalities for at least a month over persistent and serious non-compliance with financial management regulations, officials said on Wednesday. The move comes before local elections on November 4, in which Johannesburg, South Africa’s economic hub and largest municipality, is expected to be among the most hotly contested battlegrounds. Ogalaletseng Gaarekwe, Treasury’s
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