SARB reports national saving rate as Middle East conflict continues to spiral costs.

The entities involved

• South Africa →

  country in southern Africa

  • Matthew Chaskalson has been appointed as the chief evidence leader in a national inquiry in South Africa.Mon 17:53
  • Wildfire smoke is threatening business operations and health in South Africa.Mon 17:51
• Middle East →

  geopolitical region encompassing Egypt and most of Western Asia, including Iran

  • A US Air Force base in Fairford, located near the Oxfordshire border, is being utilized due to actions in the Middle East.Mon 17:54
  • Authorities are investigating an incident at a base in Fairford, with possible links to Iran and Russia.Mon 17:54
• South African Reserve Bank →

  central bank

  • The South African Reserve Bank Governor announced a policy rate increase amid global supply chain disruptions and war-driven inflation.Mon 08:35
  • The South African Reserve Bank (SARB) operates as a central bank in South Africa, and Lesetja Kganyago serves as its Governor.Fri 23:43

Related events

• SARB published notes detailing South Africa's economic decline, linked to Middle East war impacts on oil prices and imports.Sep 14
• The Middle East conflict has worsened the outlook, with the situation involving South Africa.Sep 8
• Conflicts in the Middle East are reported to be increasing funding costs globally.Jun 24
• The conflict in the Middle East is taking place, and the total cost of the war is being assessed.Sep 22
• The National Pension Service reports easing uncertainty regarding the Middle East conflict.Aug 28