- Middle East supply risks affecting South Africa's energy sector
- The Middle East war is driving up oil prices, influencing PPI data and SARB interest rate decisions in South Africa.
SARB introduces kwanza to the SADC settlement system while the US-Iran war drives up oil prices.
11 reports, 2 independent
Updated Aug 1
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New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
SARB introduces kwanza to the SADC settlement system while the US-Iran war drives up oil prices.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.SARB operationalizes regional payments amid SADC talks and South Africa's G20 presidency.1 source
SARB introduces kwanza to SADC settlement system amid rising oil prices from Middle East conflict.1 source
Keep exploring
Part of
The Middle East war is driving up oil prices, influencing PPI data and SARB interest rate decisions in South Africa.Also in this story
- The South African Reserve Bank is responding to geopolitical tensions from the Middle East by making rate decisions that are now impacting the commercial property market outlook and business costs.
- SARB reports national saving rate as Middle East conflict continues to spiral costs.
- Escalation of hostilities between Iran and Israel is causing economic outlook impacts, prompting the South African Reserve Bank to react.
- The Middle East war is impacting fuel prices, prompting the South African Reserve Bank to commission a survey by the Bureau for Economic Research.
Within Middle East supply risks affecting South Africa's energy sector
The entities involved
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Southern African Development Community
intergovernmental trade and development body
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South African Reserve Bank
central bank
Related events
Coverage
Newest first; wire copies grouped- cnbcafrica.comSouth Africa adds Angolan kwanza to regional cross-border payment system | CNBC Africa
- businessday.co.zaECONOMIC WEEK AHEAD | Angola’s kwanza to join Sadc payment system