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

Oct 16, 12:30
4 min
ZAR Retail Sales YoY (Aug)
Low
2%
1%
Oct 16, 12:30
4 min
ZAR Retail Sales MoM (Aug)
Low
-0.2%
0.6%
Oct 18, 11:00
1 day
ZAR Building Permits YoY (Aug)
Low
5.5%
3.9%
Oct 22, 07:00
5 days
ZAR Leading Business Cycle Indicator MoM (Aug)
Low
0.7%
Oct 23, 08:00
6 days
ZAR Core Inflation Rate MoM (Sep)
Low
0%
0.5%
Oct 23, 08:00
6 days
ZAR Inflation Rate MoM (Sep)
Medium
0.1%
0.3%
Oct 23, 08:00
6 days
ZAR Core Inflation Rate YoY (Sep)
Low
4.1%
4.3%
Oct 23, 08:00
6 days
ZAR Inflation Rate YoY (Sep)
Medium
4.4%
4.4%
Oct 29, 06:00
12 days
ZAR Private Sector Credit YoY (Sep)
Low
4.95%
6%
Oct 29, 06:00
12 days
ZAR M3 Money Supply YoY (Sep)
Low
6.11%
Oct 31, 12:00
14 days
ZAR Balance of Trade (Sep)
Medium
8
Nov 01, 09:00
15 days
ZAR ABSA Manufacturing PMI (Oct)
Low
Nov 01, 12:30
16 days
ZAR Total New Vehicle Sales (Oct)
Low
Nov 07, 06:00
21 days
ZAR Foreign Exchange Reserves (Oct)
Low
Nov 08, 09:30
22 days
ZAR Mining Production YoY (Sep)
Low
2.7
Nov 08, 09:30
22 days
ZAR Mining Production MoM (Sep)
Low
2.7
Nov 08, 09:30
22 days
ZAR Gold Production YoY (Sep)
Low
-2.8
Nov 08, 11:00
22 days
ZAR Manufacturing Production MoM (Sep)
Low
-1
Nov 08, 11:00
22 days
ZAR Manufacturing Production YoY (Sep)
Low
4.5
Nov 14, 09:30
28 days
ZAR Unemployed Persons (Q3)
Low
8.384M
8.6M
Nov 14, 09:30
28 days
ZAR Unemployment Rate (Q3)
Medium
33.5%
33.7%
Nov 15, 11:00
29 days
ZAR Building Permits YoY (Sep)
Low
Nov 15, 11:00
29 days
ZAR Retail Sales MoM (Sep)
Low
0.4
Nov 15, 11:00
29 days
ZAR Retail Sales YoY (Sep)
Low
2.2

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