South Africa rate hikes: Two 25bp increases forecast now
South Africa rate hikes are expected with two quarter-point moves in May and July as Goldman Sachs raises oil and inflation forecasts amid Middle East tensions.
14 May 2026
South Africa rate hikes are expected with two quarter-point moves in May and July as Goldman Sachs raises oil and inflation forecasts amid Middle East tensions.
African economies face a conflict-driven fuel shock, with shortages, rationing, and sharp price rises as markets react to Middle East instability.
