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

Feb 25, 07:00
2 days
ZAR Leading Business Cycle Indicator MoM (Dec)
Low
0.6%
0.3%
Feb 26, 08:00
3 days
ZAR Core Inflation Rate MoM (Jan)
None
0%
0.1%
Feb 26, 08:00
3 days
ZAR Inflation Rate YoY (Jan)
Medium
3%
3.2%
Feb 26, 08:00
3 days
ZAR Inflation Rate MoM (Jan)
Medium
0.1%
0.1%
Feb 26, 08:00
3 days
ZAR Core Inflation Rate YoY (Jan)
Low
3.6%
3.6%
Feb 27, 09:30
4 days
ZAR PPI MoM (Jan)
Low
0.2%
0.3%
Feb 27, 09:30
4 days
ZAR PPI YoY (Jan)
Low
0.7%
1%
Feb 28, 06:00
5 days
ZAR Private Sector Credit YoY (Jan)
Low
3.83%
3%
Feb 28, 06:00
5 days
ZAR M3 Money Supply YoY (Jan)
Low
6.71%
Feb 28, 11:30
5 days
ZAR Budget Balance (Jan)
Low
ZAR21.38B
-ZAR30B
Feb 28, 12:00
5 days
ZAR Balance of Trade (Jan)
Medium
ZAR15.46B
Mar 03, 09:00
8 days
ZAR ABSA Manufacturing PMI (Feb)
Low
45.3
Mar 03, 12:30
8 days
ZAR Total New Vehicle Sales (Feb)
Low
46.4K
47K
Mar 04, 09:30
9 days
ZAR GDP Growth Rate YoY (Q4)
Medium
0.3%
1.1%
Mar 04, 09:30
9 days
ZAR GDP Growth Rate QoQ (Q4)
Medium
1
Mar 05, 07:15
10 days
ZAR S&P Global PMI (Feb)
Low
47.4
Mar 05, 10:00
10 days
ZAR Business Confidence (Q1)
Medium
45
43
Mar 06, 09:00
11 days
ZAR Current Account (Q4)
Low
-ZAR70.8B
-ZAR160B
Mar 07, 06:00
12 days
ZAR Foreign Exchange Reserves (Feb)
Low
$65.88B
Mar 12, 12:00
17 days
ZAR Annual Budget Speech
Low
Mar 13, 09:30
18 days
ZAR Mining Production YoY (Jan)
Low
Mar 13, 09:30
18 days
ZAR Mining Production MoM (Jan)
Low
Mar 13, 09:30
18 days
ZAR Gold Production YoY (Jan)
Low
Mar 13, 11:00
18 days
ZAR Manufacturing Production MoM (Jan)
Low
Mar 13, 11:00
18 days
ZAR Manufacturing Production YoY (Jan)
Low
Mar 17, 09:30
22 days
ZAR Inflation Expectations (Q1)
Low
4.5%
Mar 19, 08:00
24 days
ZAR Core Inflation Rate YoY (Feb)
Low
Mar 19, 08:00
24 days
ZAR Inflation Rate MoM (Feb)
Medium
Mar 19, 08:00
24 days
ZAR Inflation Rate YoY (Feb)
Medium
Mar 19, 08:00
24 days
ZAR Core Inflation Rate MoM (Feb)
Low
Mar 19, 11:00
24 days
ZAR Retail Sales MoM (Jan)
Low
Mar 19, 11:00
24 days
ZAR Retail Sales YoY (Jan)
Low
Mar 20, 11:00
25 days
ZAR Building Permits YoY (Jan)
Low
Mar 20, 13:00
25 days
ZAR Interest Rate Decision
Low
7.5%
Mar 20, 13:00
25 days
ZAR Prime Overdraft Rate
Low
Mar 21, 00:00
26 days
ZAR Human Rights Day
None

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