Monetary Police Committee (MPC)

Economists said the decision to cut the repo rate by 25 basis points by the South African Reserve Bank’s monetary policy committee (MPC) would go some way to spurring growth in the country’s sluggish economy. On Thursday, Reserve Bank Governor Lesetja Kganyago wrapped up the MPC’s July meeting with an announcement on adjustments to the policy rates. During his signature address, Kganyago weighed the heightened global risks against the more […]

The July meeting comes amid heightened external risks and global policy uncertainty pushed up by the looming US tariffs on all the country’s trading partners. Some economists believe the South African Reserve Bank (SARB)’s Monetary Policy Committee (MPC) will make another repo rate cut when the central bank decides on its benchmark rate on Thursday. The July meeting comes amid heightened external risks and global policy uncertainty pushed up by […]