South African Reserve Bank News and Monetary Policy Updates
Industrial Development Corp. nears deal for ArcelorMittal South Africa control
South Africa's state-backed industrial financier is moving toward a transaction that would reshape ownership of a key domestic steel business. The preliminary agreement values the takeover of ...
South African Reserve Bank sets payments reform roadmap through 2027
South Africa is pushing ahead with a broad overhaul of its payments infrastructure as policymakers seek to lower costs, widen access and improve connectivity across the financial system. The ...
African central banks expand gold reserves as shift from U.S. dollar gains pace
African countries are increasing their gold holdings as central banks seek to reduce reliance on the U.S. dollar amid broader economic uncertainty. The value of the region's reserves has risen by ...
South Africa commodity price index offers September 2026 market signals
South Africa's latest commodity price data adds to the picture of how domestic markets are responding to wider global price movements in September 2026. The index is positioned as a gauge of price ...
Inseta dismisses CEO as governance scrutiny intensifies in South Africa's insurance training sector
South Africa's insurance training authority is reshaping its leadership after months of governance concerns around spending and procurement. Inseta says CEO Gugu Mkhize is dismissed with effect ...
Standard Bank underwrites Gautrain modernisation debt package in South Africa
Nearly two decades after helping finance Gautrain’s original build, Standard Bank is now securing funding for a new phase of upgrades under a 15-year public-private partnership concession. The ...
South African Reserve Bank launches FX code register for South Africa, SADC market participants
South Africa's central bank and the South African Foreign Exchange Committee are launching a public register for foreign exchange market participants to publish their Statements of Commitment to ...
OUTsurance reports higher CEO pay as LTIP vesting lifts FY2026 remuneration
OUTsurance's FY2026 executive pay disclosures reflect a sharp rise in variable compensation after legacy long-term incentives vested during the year. The increase comes alongside a broader ...
LekkeSlaap changes hands as South African investor group backs expansion
South Africa's travel and accommodation technology sector is seeing fresh investor interest as booking platform LekkeSlaap moves to a new local shareholder base. The deal marks the exit of its ...
South Africa inflation expectations study points to firmer anchoring under SARB framework
South Africa’s post-pandemic inflation surge and its adoption of a new 3%-point target are renewing scrutiny of how firmly private sector inflation expectations remain anchored. A 25-year ...
South Africa competition regulator seeks to revoke Premier-RFG merger approval over Tulbagh plant closure
South Africa's competition watchdog is moving against Premier Group's takeover of RFG Holdings after the planned shutdown of a Western Cape canning plant raised concerns over jobs and market ...
Nigeria T-bill rally faces test from CBN liquidity mop-up
Nigeria's Treasury bill market is coming under renewed scrutiny as investors weigh how much further yields can fall after last week's rally. The next move by the Central Bank of Nigeria is seen as ...
Aramco weighs gas export and financing options as Jafurah output rises
Saudi Arabia’s long-term push to expand gas production is leaving Aramco with strategic choices over how to use rising supply from the Jafurah field. The company is assessing export routes and ...
South Africa tightens policy as inflation pressures build
South Africa is facing firmer inflation pressures as higher global energy and food risks feed into domestic prices and monetary policy. Headline inflation rises from 3.2% in the first quarter of ...
UAC of Nigeria advances portfolio reset amid debt-repair push
Mounting economic pressure in Nigeria is pushing diversified groups to rework their asset mix and strengthen balance sheets. UAC of Nigeria Plc is shifting capital away from weaker business ...
Africa capital deployment barriers limit business and infrastructure funding
African economies are holding more than $2 trillion in institutional capital, but much of that money is still not flowing into companies and infrastructure projects across the region. The funding ...
Children’s Place secures Saudi family office loan as sales decline
Children’s Place is seeking operational support as pressure on sales continues and liquidity remains in focus. The retailer is also drawing on additional financing from a Saudi family office ...
South Africa fuel testing calls intensify after contaminated petrol dispute
South Africa is facing renewed scrutiny of its fuel quality oversight after a chemical linked to vehicle paint damage was found in petrol sold on the Garden Route in 2024. The Automobile ...
Saudi Networkers Services receives VAT audit assessment from Saudi tax authority
Saudi Networkers Services is moving to close out a tax review tied to its 2024 value-added tax returns after receiving an assessment from Saudi Arabia's Zakat, Tax and Customs Authority. The ...
Sanlam banking push faces late-entry risks in South Africa
South Africa's retail banking market is becoming more crowded as Sanlam prepares to add transactional banking and credit products to its existing financial services portfolio. The group plans a ...
Bank of Agriculture, AFAN expand dry season farming credit in Nigeria
Nigeria is stepping up efforts to strengthen domestic food production as pressure grows to improve farm output and input access. The Bank of Agriculture's partnership with the All-Farmers ...
