South Africa Economic Calendar
Economy of South Africa
South Africa is Africa's second-largest economy, with an emerging market and a mixed economy. Although the natural resource extraction industry remains one of the largest in the nation in terms of yearly GDP contribution, South Africa's economy is diversified with significant economic sectors such as mining, agriculture, energy, manufacturing, transport, and tourism.
The South African rand (ZAR) is the country's official currency. It is also accepted as a legal currency in the Common Monetary Area member nations of Namibia, Lesotho, and Eswatini, whose national currencies are tied to the rand at parity and are nonetheless generally accepted as replacements.
Bank of South Africa
South Africa's central reserve bank is the South African Reserve Bank (SARB). Its duties include establishing and executing South Africa's monetary policy, safeguarding the efficiency of South Africa's financial system, and, when required, intervening in the foreign exchange markets.
The South African Reserve Bank is one of the few privately owned central banks in the world, however, recently there have been discussions to nationalize it.
Interest Rate of South Africa
The South African Reserve Bank's Monetary Policy Committee (MPC) is in charge of setting Interest Rates for the South Africa.
South Africa Economic Calendar
|
Date
|
Time left
|
Event
|
Impact
|
Previous
|
Consensus
|
Actual
|
|||
|---|---|---|---|---|---|---|---|---|---|
|
Wednesday, Dec 25, 2024
|
|||||||||
|
Dec 25, 00:00
|
3 days
|
ZAR | Christmas |
None
|
|||||
|
Thursday, Dec 26, 2024
|
|||||||||
|
Dec 26, 00:00
|
4 days
|
ZAR | Day of Good Will |
None
|
|||||
|
Monday, Dec 30, 2024
|
|||||||||
|
Dec 30, 11:30
|
8 days
|
ZAR | Budget Balance (Nov) |
Low
|
-ZAR46.08B |
-ZAR18B
|
|||
|
Tuesday, Dec 31, 2024
|
|||||||||
|
Dec 31, 06:00
|
9 days
|
ZAR | M3 Money Supply YoY (Nov) |
Low
|
7.79% | ||||
|
Dec 31, 06:00
|
9 days
|
ZAR | Private Sector Credit YoY (Nov) |
Low
|
4.26% |
4%
|
|||
|
Dec 31, 12:00
|
9 days
|
ZAR | Balance of Trade (Nov) |
Medium
|
ZAR14.63B | ||||
|
Wednesday, Jan 01, 2025
|
|||||||||
|
Jan 01, 00:00
|
10 days
|
ZAR | New Year's Day |
None
|
|||||
|
Wednesday, Jan 08, 2025
|
|||||||||
|
Jan 08, 06:00
|
17 days
|
ZAR | Foreign Exchange Reserves (Dec) |
Low
|
64
|
||||
|
Jan 08, 09:00
|
17 days
|
ZAR | ABSA Manufacturing PMI (Dec) |
Low
|
50.8
|
||||
|
Thursday, Jan 09, 2025
|
|||||||||
|
Jan 09, 13:10
|
18 days
|
ZAR | Total New Vehicle Sales (Dec) |
Low
|
41.2
|
||||
|
Friday, Jan 10, 2025
|
|||||||||
|
Jan 10, 11:00
|
19 days
|
ZAR | Manufacturing Production MoM (Nov) |
Low
|
|||||
|
Jan 10, 11:00
|
19 days
|
ZAR | Manufacturing Production YoY (Nov) |
Low
|
|||||
|
Tuesday, Jan 21, 2025
|
|||||||||
|
Jan 21, 09:30
|
30 days
|
ZAR | Mining Production YoY (Nov) |
Low
|
|||||
|
Jan 21, 09:30
|
30 days
|
ZAR | Mining Production MoM (Nov) |
Low
|
|||||
|
Jan 21, 09:30
|
30 days
|
ZAR | Gold Production YoY (Nov) |
Low
|
|||||
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