South Africa's central bank trimmed its main lending rate as expected on Thursday, its third cut in a row, but it placed emphasis on the uncertain global backdrop and said it had modelled the potential impact of a trade war.

South Africa's central bank cut its main lending rate by another 25 basis points to 7.50% as expected on Thursday, saying that while inflation appeared well-contained the medium-term outlook was more uncertain than usual.

Regional tensions spiral as peacekeepers killed in fighting following Rwandan-backed M23 rebel group offensive

The South African Reserve Bank has cut rates by 25 basis points in line with expectations, but there are fears over a potential global trade war.

South Africa has a new law to govern the expropriation (or compulsory acquisition) of private property by government for public purposes or in the public interest. The passing of the Expropriation Act 13 of 2024 followed a parliamentary process that began in 2020.

A new Government of National Unity (GNU) has been in place since June 2024, which the markets have welcomed. The GNU faces difficult challenges: declining GDP per capita, high unemployment, poverty and inequality,

Environmental scientists have compiled the first list of wetlands in South Africa’s Addo Elephant Park. This will be useful to measure the effects of climate change.

South Africa's rand gained on Thursday after data showed U.S. economic growth slowed in the fourth quarter, while the South African Reserve Bank cut its main lending rate for the third time in a row.

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JOHANNESBURG - The South African Reserve Bank (SARB)'s monetary policy committee said it remained concerned about the fluctuating global environment. Governor Lesetja Kganyago agreed that this uncertainty may present material risks. Kganyago on Thursday afternoon announced a repo rate cut of 25 basis points to 7.5%.