The South African Reserve Bank (SARB) has maintained its steady repo rates, despite global economic fluctuations. Led by Governor Lesetja Kganyago, SARB’s decisions have a profound impact on the financial ecosystems of South Africa. The decision to uphold the current repo rate reflects its longterm vision for the country’s fiscal health, with the goal of striking a balance between stability and growth. SARB’s unwavering approach serves as a beacon of direction amid the sea of uncertainties in the global economy.
Cape Town, the “Mother City” of South Africa, has been filled with remarkable stories, events, and moments in the past seven days. Here are ten standout events that have shaped the city during that time. ### Time Out Market’s Arrival