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

Jun 25, 07:00
3 days
ZAR Leading Business Cycle Indicator MoM (Apr)
Low
-1.9%
-0.8%
Jun 27, 08:00
5 days
ZAR Consumer Confidence (Q2)
Low
-15
-18
Jun 27, 09:30
5 days
ZAR PPI YoY (May)
Low
5.1%
5%
Jun 27, 09:30
5 days
ZAR PPI MoM (May)
Low
0.5%
0.2%
Jun 28, 06:00
6 days
ZAR Private Sector Credit YoY (May)
Low
3.9%
3.7%
Jun 28, 06:00
6 days
ZAR M3 Money Supply YoY (May)
Low
5.75%
Jun 28, 12:00
6 days
ZAR Budget Balance (May)
Low
-ZAR78.05B
-ZAR50B
Jun 28, 12:00
6 days
ZAR Balance of Trade (May)
Medium
ZAR10.47B
ZAR15B
Jul 03, 07:15
11 days
ZAR S&P Global PMI (Jun)
Low
50.4
50.2
Jul 03, 09:00
11 days
ZAR ABSA Manufacturing PMI (Jun)
Low
43.8
49.5
Jul 03, 12:30
11 days
ZAR Total New Vehicle Sales (Jun)
Low
37.11K
47.3K
Jul 11, 09:30
19 days
ZAR Mining Production YoY (May)
Low
Jul 11, 09:30
19 days
ZAR Mining Production MoM (May)
Low
Jul 11, 09:30
19 days
ZAR Gold Production YoY (May)
Low
Jul 11, 11:00
19 days
ZAR Manufacturing Production YoY (May)
Low
Jul 11, 11:00
19 days
ZAR Manufacturing Production MoM (May)
Low
Jul 17, 11:00
25 days
ZAR Retail Sales MoM (May)
Low
Jul 17, 11:00
25 days
ZAR Retail Sales YoY (May)
Low
Jul 18, 11:00
26 days
ZAR Building Permits YoY (May)
Low
Jul 18, 13:00
26 days
ZAR Prime Overdraft Rate
Low
Jul 18, 13:00
26 days
ZAR Interest Rate Decision
Medium
8.25%
8.25%

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