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

Apr 30, 06:00
2h 33min
ZAR M3 Money Supply YoY (Mar)
Low
6.05%
Apr 30, 06:00
2h 33min
ZAR Private Sector Credit YoY (Mar)
Low
3.68%
3.9%
Apr 30, 10:00
6h 33min
ZAR Budget Balance (Mar)
Low
ZAR24.22B
ZAR3B
Apr 30, 12:00
8h 33min
ZAR Balance of Trade (Mar)
Medium
ZAR20.9B
ZAR35B
May 01, 00:00
20h 33min
ZAR Workers' Day
None
May 01, 09:00
1 day
ZAR ABSA Manufacturing PMI (Apr)
Low
48.7
47.5
May 01, 12:30
1 day
ZAR Total New Vehicle Sales (Apr)
Low
49.493K
38.5K
May 06, 07:15
6 days
ZAR S&P Global PMI (Apr)
Low
48.3
May 08, 06:00
8 days
ZAR Foreign Exchange Reserves (Apr)
Low
$67.45B
May 08, 11:00
8 days
ZAR Manufacturing Production YoY (Mar)
Low
-3.2%
4.3%
May 08, 11:00
8 days
ZAR Manufacturing Production MoM (Mar)
Low
0.3%
-1.3%
May 13, 09:30
13 days
ZAR Unemployed Persons (Q1)
Low
7.991M
8.3M
May 13, 09:30
13 days
ZAR Unemployment Rate (Q1)
Medium
31.9%
32.4%
May 15, 09:30
15 days
ZAR Mining Production YoY (Mar)
Low
May 15, 09:30
15 days
ZAR Mining Production MoM (Mar)
Low
May 15, 09:30
15 days
ZAR Gold Production YoY (Mar)
Low
-2.5
May 21, 08:00
21 days
ZAR Core Inflation Rate MoM (Apr)
Low
May 21, 08:00
21 days
ZAR Inflation Rate MoM (Apr)
Medium
May 21, 08:00
21 days
ZAR Inflation Rate YoY (Apr)
Medium
May 21, 08:00
21 days
ZAR Core Inflation Rate YoY (Apr)
Low
May 21, 11:00
21 days
ZAR Retail Sales MoM (Mar)
Low
-0.5
May 21, 11:00
21 days
ZAR Retail Sales YoY (Mar)
Low
2
May 22, 11:00
22 days
ZAR Building Permits YoY (Mar)
Low
May 27, 07:00
27 days
ZAR Leading Business Cycle Indicator MoM (Mar)
Low
-0.6
May 29, 09:30
29 days
ZAR PPI MoM (Apr)
Low
May 29, 09:30
29 days
ZAR PPI YoY (Apr)
Low
May 29, 13:00
29 days
ZAR Interest Rate Decision
Low
7.5%
7.5%
May 29, 13:00
29 days
ZAR Prime Overdraft Rate
Low
May 30, 06:00
30 days
ZAR Private Sector Credit YoY (Apr)
Low
May 30, 06:00
30 days
ZAR M3 Money Supply YoY (Apr)
Low
May 30, 12:00
30 days
ZAR Balance of Trade (Apr)
Medium

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