Published May 20, 2026, 12:00 AM ET · Updated 6 months ago · 1 source

Africa’s Biggest Economy Set to Hike Interest Rates on War Shock as Peers Hold

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Africa’s Biggest Economy Set to Hike Interest Rates on War Shock as Peers Hold

South Africa is poised to join a handful of central banks in raising interest rates to contain the inflationary fallout from the Iran war in coming weeks, even as most peers keep borrowing costs on hold.