South Africa's central bank cut its main lending rate by another 25 basis points to 7.50% as expected on Thursday, saying that while inflation appeared well-contained the medium-term outlook was more uncertain than usual.

The South African Reserve Bank has cut rates by 25 basis points in line with expectations, but there are fears over a potential global trade war.

Despite economic headwinds and high inflation, South Africa’s rental market showed resilience throughout 2024.

South Africa's central bank trimmed its main lending rate as expected on Thursday, its third cut in a row, but it placed emphasis on the uncertain global backdrop and said it had modelled the potential impact of a trade war.