
Low Inflation Sparks Hope for Interest Rate Cuts in South Africa
South Africa’s inflation outlook for 2025 appears favorable, raising hopes for potential interest rate reductions. Inflation Below Reserve Bank Target Consumer Price Index (CPI) inflation dropped to 2.9% in November 2024, significantly below the South African Reserve Bank’s (SARB) midpoint target of 4.5%. Investec Chief Economist Annabel Bishop attributed this








