SARB MPC Meeting Calendar

Figures current at 27 September 2026. Source: TradeAnswers.

The meeting pattern
ItemDetail
Meetings per yearSix
Typical monthsJanuary, March, May, July, September, November
LengthThree days, Tuesday to Thursday
AnnouncementThursday afternoon, South African time
Published with itThe statement, the vote split and the Bank's forecast
What the announcement contains
ElementWhy it matters
The rate decisionThe headline, already partly priced in
The vote splitShows how close the next move is
The inflation forecastDrives expectations more than the decision itself
The growth forecastSets the tone for how much room there is to cut
The Governor's remarksWhere the guidance actually sits
How to read the announcement
SignalHawkish readingDovish reading
Vote splitUnanimous to hold or raiseNarrow, with dissent to cut
Inflation forecastRevised upRevised down
Growth forecastUnchanged or upRevised down
Guidance languageRisks to the upsideRisks balanced or to the downside
Likely rand reactionFirmerWeaker

Data maintained by TradeAnswers · updated as the figures change