South African Reserve Bank

The rand was steady as South Africa’s leading business cycle indicator rose 1.1% in August and traders awaited the Fed’s Oct. 28 decision.

South Africa mourns the death of former Finance Minister Tito Mboweni, a key figure in the country’s economic reforms, who passed away at age 65.

South Africa’s central bank warns of a bumpy road ahead for controlling inflation, acknowledging slower progress than expected in bringing inflation down to its target range. The bank is keeping …