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

Jul 10, 11:00
15h 38min
ZAR Manufacturing Production MoM (May)
Low
1.9%
1.5%
Jul 10, 11:00
15h 38min
ZAR Manufacturing Production YoY (May)
Low
-6.3%
-3%
Jul 15, 09:30
5 days
ZAR Gold Production YoY (May)
Low
-2.5%
12%
Jul 15, 09:30
5 days
ZAR Mining Production YoY (May)
Low
-7.7%
Jul 15, 09:30
5 days
ZAR Mining Production MoM (May)
Low
0.6%
Jul 16, 11:00
6 days
ZAR Retail Sales MoM (May)
Low
0.9%
0.7%
Jul 16, 11:00
6 days
ZAR Retail Sales YoY (May)
Low
5.1%
4.3%
Jul 17, 11:00
7 days
ZAR Building Permits YoY (May)
Low
-20.8%
Jul 22, 07:00
12 days
ZAR Leading Business Cycle Indicator MoM (May)
Low
-0.3%
0.5%
Jul 29, 06:00
19 days
ZAR M3 Money Supply YoY (Jun)
Low
Jul 29, 06:00
19 days
ZAR Private Sector Credit YoY (Jun)
Low
2.85
Jul 31, 09:30
21 days
ZAR Budget Balance (Jun)
Low
Jul 31, 09:30
21 days
ZAR PPI MoM (Jun)
Low
Jul 31, 09:30
21 days
ZAR PPI YoY (Jun)
Low
1.7
Jul 31, 12:00
21 days
ZAR Balance of Trade (Jun)
Medium
25
Jul 31, 13:00
21 days
ZAR Interest Rate Decision
Low
7.25%
7.25%
Jul 31, 13:00
21 days
ZAR Prime Overdraft Rate
Low
Aug 01, 09:00
22 days
ZAR ABSA Manufacturing PMI (Jul)
Low
Aug 01, 12:30
22 days
ZAR Total New Vehicle Sales (Jul)
Low
Aug 05, 07:15
26 days
ZAR S&P Global PMI (Jul)
Low
Aug 07, 06:00
28 days
ZAR Foreign Exchange Reserves (Jul)
Low
Aug 09, 00:00
30 days
ZAR National Women's Day
None

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