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.
Date
|
Time left
|
Event
|
Impact
|
Previous
|
Consensus
|
Actual
|
|||
---|---|---|---|---|---|---|---|---|---|
Wednesday, Oct 16, 2024
|
|||||||||
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%
|
|||
Friday, Oct 18, 2024
|
|||||||||
Oct 18, 11:00
|
1 day
|
ZAR | Building Permits YoY (Aug) |
Low
|
5.5% |
3.9%
|
|||
Tuesday, Oct 22, 2024
|
|||||||||
Oct 22, 07:00
|
5 days
|
ZAR | Leading Business Cycle Indicator MoM (Aug) |
Low
|
0.7% | ||||
Wednesday, Oct 23, 2024
|
|||||||||
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%
|
|||
Tuesday, Oct 29, 2024
|
|||||||||
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% | ||||
Thursday, Oct 31, 2024
|
|||||||||
Oct 31, 12:00
|
14 days
|
ZAR | Balance of Trade (Sep) |
Medium
|
8
|
||||
Friday, Nov 01, 2024
|
|||||||||
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
|
|||||
Thursday, Nov 07, 2024
|
|||||||||
Nov 07, 06:00
|
21 days
|
ZAR | Foreign Exchange Reserves (Oct) |
Low
|
|||||
Friday, Nov 08, 2024
|
|||||||||
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
|
||||
Thursday, Nov 14, 2024
|
|||||||||
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%
|
|||
Friday, Nov 15, 2024
|
|||||||||
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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