Rate Cuts 2024 South African Government. South african reserve bank governor (sarb) lesetja kganyago said south africa would only see interest rate cuts when inflation has sustainably come. The uncertainty created by a tight us presidential election may be enough to prevent the.

September 2, 2024 at 6:09 am edt. The south african rand was stronger on monday against a weaker dollar, as market confidence gained on bets of u.s.