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
|
|||
---|---|---|---|---|---|---|---|---|---|
Thursday, Nov 21, 2024
|
|||||||||
Nov 21, 11:00
|
2h 11min
|
ZAR | Building Permits YoY (Sep) |
Low
|
-1.5% |
3.8%
|
|||
Nov 21, 13:00
|
4h 11min
|
ZAR | Prime Overdraft Rate |
Low
|
11.5% |
11.25%
|
|||
Nov 21, 13:00
|
4h 11min
|
ZAR | Interest Rate Decision |
Medium
|
8% |
7.75%
|
|||
Tuesday, Nov 26, 2024
|
|||||||||
Nov 26, 07:00
|
4 days
|
ZAR | Leading Business Cycle Indicator MoM (Sep) |
Low
|
-0.7% |
1.5%
|
|||
Thursday, Nov 28, 2024
|
|||||||||
Nov 28, 09:30
|
7 days
|
ZAR | PPI MoM (Oct) |
Low
|
-0.3% |
-0.5%
|
|||
Nov 28, 09:30
|
7 days
|
ZAR | PPI YoY (Oct) |
Low
|
1% | ||||
Friday, Nov 29, 2024
|
|||||||||
Nov 29, 06:00
|
7 days
|
ZAR | M3 Money Supply YoY (Oct) |
Low
|
7.25% | ||||
Nov 29, 06:00
|
7 days
|
ZAR | Private Sector Credit YoY (Oct) |
Low
|
4.63% |
4.5%
|
|||
Nov 29, 11:30
|
8 days
|
ZAR | Budget Balance (Oct) |
Low
|
-ZAR4.38B | ||||
Nov 29, 12:00
|
8 days
|
ZAR | Balance of Trade (Oct) |
Medium
|
ZAR12.84B | ||||
Monday, Dec 02, 2024
|
|||||||||
Dec 02, 09:00
|
11 days
|
ZAR | ABSA Manufacturing PMI (Nov) |
Low
|
52.6 |
49.7
|
|||
Dec 02, 12:00
|
11 days
|
ZAR | Total New Vehicle Sales (Nov) |
Low
|
47.94K | ||||
Tuesday, Dec 03, 2024
|
|||||||||
Dec 03, 09:30
|
12 days
|
ZAR | GDP Growth Rate QoQ (Q3) |
Medium
|
0.4% |
0.7%
|
|||
Dec 03, 09:30
|
12 days
|
ZAR | GDP Growth Rate YoY (Q3) |
Medium
|
0.3% |
0.8%
|
|||
Wednesday, Dec 04, 2024
|
|||||||||
Dec 04, 07:15
|
12 days
|
ZAR | S&P Global PMI (Nov) |
Low
|
50.6 | ||||
Dec 04, 08:00
|
12 days
|
ZAR | Consumer Confidence (Q4) |
Low
|
-5 |
-6
|
|||
Friday, Dec 06, 2024
|
|||||||||
Dec 06, 06:00
|
14 days
|
ZAR | Foreign Exchange Reserves (Nov) |
Low
|
|||||
Tuesday, Dec 10, 2024
|
|||||||||
Dec 10, 09:30
|
19 days
|
ZAR | Mining Production MoM (Oct) |
Low
|
|||||
Dec 10, 09:30
|
19 days
|
ZAR | Mining Production YoY (Oct) |
Low
|
|||||
Dec 10, 09:30
|
19 days
|
ZAR | Gold Production YoY (Oct) |
Low
|
|||||
Dec 10, 11:00
|
19 days
|
ZAR | Manufacturing Production MoM (Oct) |
Low
|
|||||
Dec 10, 11:00
|
19 days
|
ZAR | Manufacturing Production YoY (Oct) |
Low
|
|||||
Wednesday, Dec 11, 2024
|
|||||||||
Dec 11, 08:00
|
19 days
|
ZAR | Core Inflation Rate MoM (Nov) |
Low
|
|||||
Dec 11, 08:00
|
19 days
|
ZAR | Inflation Rate MoM (Nov) |
Medium
|
|||||
Dec 11, 08:00
|
19 days
|
ZAR | Core Inflation Rate YoY (Nov) |
Low
|
|||||
Dec 11, 08:00
|
19 days
|
ZAR | Inflation Rate YoY (Nov) |
Medium
|
|||||
Dec 11, 11:00
|
20 days
|
ZAR | Retail Sales MoM (Oct) |
Low
|
|||||
Dec 11, 11:00
|
20 days
|
ZAR | Retail Sales YoY (Oct) |
Low
|
|||||
Thursday, Dec 12, 2024
|
|||||||||
Dec 12, 09:30
|
21 days
|
ZAR | PPI YoY (Nov) |
Low
|
|||||
Dec 12, 09:30
|
21 days
|
ZAR | PPI MoM (Nov) |
Low
|
|||||
Dec 12, 09:30
|
21 days
|
ZAR | Inflation Expectations (Q4) |
Low
|
4.8% | ||||
Dec 12, 09:30
|
21 days
|
ZAR | SACCI Business Confidence (Nov) |
Low
|
|||||
Dec 12, 09:30
|
21 days
|
ZAR | SACCI Business Confidence (Oct) |
Low
|
110.2 | ||||
Dec 12, 11:00
|
21 days
|
ZAR | Building Permits YoY (Oct) |
Low
|
|||||
Monday, Dec 16, 2024
|
|||||||||
Dec 16, 00:00
|
24 days
|
ZAR | Day of Reconciliation |
None
|
|||||
Tuesday, Dec 17, 2024
|
|||||||||
Dec 17, 07:00
|
25 days
|
ZAR | Leading Business Cycle Indicator MoM (Oct) |
Low
|
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