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From bad to much worse for interest rates in South Africa | SA News

Luke Fraser
 ·24 Mar 2026

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Not only are interest rate cuts in South Africa increasingly unlikely, but the market is now also predicting a significant rate increase.

The outlook on inflation has taken a dramatic turn following the United States and Israel’s attacks on Iran, which resulted in retaliatory strikes from the Middle Eastern nation and the closure of the Strait of Hormuz.

Markets had previously seen between two and four rate cuts from the South African Reserve Bank (SARB) over the next 18…

Peacekeeping Missions: South Africa has contributed to peacekeeping missions in
various African countries, supporting stability and conflict resolution efforts.

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  2. Fun South African Fact: The South African Rovos Rail is considered the most luxurious train in the world.