Ntando Thukwana

South Africa’s Treasury plans to withhold funds from five municipalities next month over their unpaid water bills, part of an effort to compel local governments to pay for basic services.

South Africa’s inflation rate declined to a more than four-year low, heralding another reduction in borrowing costs on Thursday.

South Africa’s government expects to complete a revision of its national energy blueprint this month and submit the proposed changes to lawmakers by the end of the first quarter, Electricity Minister Kgosientsho Ramokgopa said.

South Africa’s reserve bank is set to look past a sharp slowdown in inflation and only cut interests rates by a modest quarter percentage point, as new risks to its outlook emerge.

The vote-split prediction leans toward all six-members of the panel backing the cautious move.

(Bloomberg) -- South Africa's reserve bank is set to look past a sharp slowdown in inflation and only cut interests rates by a modest quarter percentage point, as new risks to its outlook emerge.

South Africa’s central bank lowered borrowing costs for a second successive meeting.

South Africa’s central bank lowered borrowing costs for a second successive meeting and said its modeling showed further cuts were in the offing, but that the outlook remains highly uncertain.

South African Reserve Bank Governor Lesetja Kganyago said a review of its 3% to 6% inflation target was getting close to the end.

South African Reserve Bank Governor Lesetja Kganyago’s repeated emphasis of uncertainty is expected to translate, at most, into only a handful of additional interest-rate cuts next year.