
SARB and Treasury align on 3% inflation objective as repo rate holds
Governor Kganyago signals target reform ‘as soon as is practical’ while policymakers pause cuts.

Governor Kganyago signals target reform ‘as soon as is practical’ while policymakers pause cuts.

National Treasury forecasts a narrowing deficit, from 4.8% of GDP in 2025/26 to 3.8% in 2026/27. Fitch, however, projects larger deficits of 5.1% and 4.5% respectively.

The company says 32% of its membership base have submitted claims with a value of about R6.5 billion.