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
Date
|
Time left
|
Event
|
Impact
|
Previous
|
Consensus
|
Actual
|
|||
---|---|---|---|---|---|---|---|---|---|
Monday, Jul 29, 2024
|
|||||||||
Jul 29, 06:00
|
2 days
|
ZAR | M3 Money Supply YoY (Jun) |
Low
|
4.72% | ||||
Jul 29, 06:00
|
2 days
|
ZAR | Private Sector Credit YoY (Jun) |
Low
|
4.26% |
4%
|
|||
Tuesday, Jul 30, 2024
|
|||||||||
Jul 30, 12:00
|
3 days
|
ZAR | Budget Balance (Jun) |
Low
|
-ZAR12.78B |
ZAR15B
|
|||
Wednesday, Jul 31, 2024
|
|||||||||
Jul 31, 12:00
|
4 days
|
ZAR | Balance of Trade (Jun) |
Medium
|
ZAR20.09B |
ZAR16B
|
|||
Thursday, Aug 01, 2024
|
|||||||||
Aug 01, 09:00
|
5 days
|
ZAR | ABSA Manufacturing PMI (Jul) |
Low
|
45.7 |
46
|
|||
Aug 01, 12:30
|
5 days
|
ZAR | Total New Vehicle Sales (Jul) |
Low
|
40.07K |
42K
|
|||
Monday, Aug 05, 2024
|
|||||||||
Aug 05, 07:15
|
9 days
|
ZAR | S&P Global PMI (Jul) |
Low
|
49.2 | ||||
Wednesday, Aug 07, 2024
|
|||||||||
Aug 07, 06:00
|
11 days
|
ZAR | Foreign Exchange Reserves (Jul) |
Low
|
$62.1B | ||||
Thursday, Aug 08, 2024
|
|||||||||
Aug 08, 11:00
|
12 days
|
ZAR | Manufacturing Production MoM (Jun) |
Low
|
-3.2% |
1.3%
|
|||
Aug 08, 11:00
|
12 days
|
ZAR | Manufacturing Production YoY (Jun) |
Low
|
-0.6% |
2%
|
|||
Friday, Aug 09, 2024
|
|||||||||
Aug 09, 00:00
|
12 days
|
ZAR | National Women's Day |
None
|
|||||
Tuesday, Aug 13, 2024
|
|||||||||
Aug 13, 09:30
|
17 days
|
ZAR | Gold Production YoY (Jun) |
Low
|
2
|
||||
Aug 13, 09:30
|
17 days
|
ZAR | Mining Production YoY (Jun) |
Low
|
1.4
|
||||
Aug 13, 09:30
|
17 days
|
ZAR | Mining Production MoM (Jun) |
Low
|
1
|
||||
Wednesday, Aug 14, 2024
|
|||||||||
Aug 14, 11:00
|
18 days
|
ZAR | Retail Sales YoY (Jun) |
Low
|
3
|
||||
Aug 14, 11:00
|
18 days
|
ZAR | Retail Sales MoM (Jun) |
Low
|
-0.1
|
||||
Thursday, Aug 15, 2024
|
|||||||||
Aug 15, 09:30
|
19 days
|
ZAR | Unemployment Rate (Q2) |
Medium
|
32.9% |
31.8%
|
|||
Aug 15, 09:30
|
19 days
|
ZAR | Unemployed Persons (Q2) |
Low
|
8.226M |
7.8M
|
|||
Aug 15, 11:00
|
19 days
|
ZAR | Building Permits YoY (Jun) |
Low
|
|||||
Friday, Aug 16, 2024
|
|||||||||
Aug 16, 09:30
|
20 days
|
ZAR | SACCI Business Confidence (Jun) |
Low
|
107.8 |
113
|
|||
Aug 16, 09:30
|
20 days
|
ZAR | SACCI Business Confidence (Jul) |
Low
|
|||||
Tuesday, Aug 20, 2024
|
|||||||||
Aug 20, 07:00
|
24 days
|
ZAR | Leading Business Cycle Indicator MoM (Jun) |
Low
|
1
|
||||
Wednesday, Aug 21, 2024
|
|||||||||
Aug 21, 08:00
|
25 days
|
ZAR | Core Inflation Rate MoM (Jul) |
Low
|
|||||
Aug 21, 08:00
|
25 days
|
ZAR | Inflation Rate MoM (Jul) |
Medium
|
|||||
Aug 21, 08:00
|
25 days
|
ZAR | Core Inflation Rate YoY (Jul) |
Low
|
|||||
Aug 21, 08:00
|
25 days
|
ZAR | Inflation Rate YoY (Jul) |
Medium
|
4.9
|