South Africa Economy | Business and GDP Growth Out

SA Reserve Bank maintains interest rates

South African Reserve Bank (Sarb) Governor, Lesetja Kganyago on Thursday announced the bank decided to keep the repo rate at 6.75% — with prime lending interest rate at 10.25%. ... Full story

Big sub-Saharan African economies to get potent lift this year

Sub-Saharan Africa’s biggest economies will benefit from a global upswing this year - as long as the U.S.-China tariff dispute does not disturb improving global trade flows, a Reuters poll ... Full story

Sub-Saharan Africa economic growth slips further from target

The latest report from World Bank shows economic growth in sub-Saharan Africa is likely to slip to 1.6% this year, the lowest level in more than two decades — as one of the world’s fastest-growing frontiers continues to lose steam because of overdependence on oil and commodity exports. ... Full story

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