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Sarb sees inflation easing after December peak, keeps rates on hold

Cape Times

|

January 30, 2026

SOUTH Africa's inflation rate is expected to ease in the months ahead after peaking in December, despite ongoing risks from food and administered prices, South African Reserve Bank (Sarb) Governor Lesetja Kganyago said on Thursday.

- SIPHELELE DLUDLA

Speaking after the Monetary Policy Committee (MPC) meeting, Kganyago said inflation reached 3.6% in December 2025, driven largely by temporary factors, but is now expected to slow.

Overall inflation for 2025 averaged 3.2%, close to the Reserve Bank's 3% target under its newly adopted inflation framework. "We expect this was the peak, and that inflation will slow from here," Kganyago said, adding that near-term inflation forecasts have improved due to a stronger rand and lower assumed oil prices.

WEITERE GESCHICHTEN VON Cape Times

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US can leverage Russian-held assets for Gaza’s reconstruction

IN RECENT days there has been a lot of discussion about the idea of US President Donald Trump establishing the Board of Peace as part of a broader initiative to address global conflicts, particularly focusing on the reconstruction of Gaza following the Israel-Hamas conflict.

time to read

3 mins

January 30, 2026

Cape Times

Cape Times

Global gold demand hits all-time high as economic uncertainty persists

GLOBAL gold demand reached record highs last year, with, for example, long queues seen outside bullion dealers in Australia, while in China demand for investment purposes outstripped buyers of gold jewellery for the first time.

time to read

2 mins

January 30, 2026

Cape Times

Voters may pivot now that trust is broken

Citizens are choosing resistance and informality over submission

time to read

4 mins

January 30, 2026

Cape Times

Premier League's spending spree fuels Europe dominance

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time to read

2 mins

January 30, 2026

Cape Times

Cape Times

Stormers' revenge or Sharks' repeat?

Five battles that will decide derby

time to read

3 mins

January 30, 2026

Cape Times

NVIDIA BOSS HOPEFUL OF CHINA ALLOWING CHIP SALES

NVIDIA chief executive Jensen Huang expressed optimism yesterday that Beijing will permit the sale to Chinese buyers of a powerful Al chip model made by the US tech giant

time to read

1 min

January 30, 2026

Cape Times

Supreme Court rejects safari operator's defence after tourist fall

THE signing of an indemnity form and a disclaimer does not exempt a tour operator from liability.

time to read

2 mins

January 30, 2026

Cape Times

Cape Times

Glencore copper production surges 50% in second half

GLENCORE, a global mining group in merger talks with Rio Tinto, said Thursday full-year key commodity production was in line with guidance, while copper production surged.

time to read

2 mins

January 30, 2026

Cape Times

Double murderer found to be an untruthful witness

THE man who killed his two girlfriends, Lindokuhle Mbhele and Zinhle Zulu, in separate incidents and later claimed that one of them was attacking him, has been found guilty of the two murders by the Pinetown Regional Court in KwaZulu-Natal.

time to read

2 mins

January 30, 2026

Cape Times

Cape Times

Germany to harden critical infrastructure as Russia fears spike

GERMANY plans to better protect its critical infrastructure with a new law yesterday as surging tensions with Russia stoke fears of sabotage attacks and other national security threats.

time to read

3 mins

January 30, 2026

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