{"id":16122,"date":"2025-11-25T16:19:57","date_gmt":"2025-11-25T14:19:57","guid":{"rendered":"http:\/\/jhb-webdevelopers\/channelafrica\/news\/sas-financial-resilience-persists-on-market-rebound-central-bank\/"},"modified":"2026-02-27T16:31:25","modified_gmt":"2026-02-27T14:31:25","slug":"sas-financial-resilience-persists-on-market-rebound-central-bank","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/sas-financial-resilience-persists-on-market-rebound-central-bank\/","title":{"rendered":"SA&#8217;s financial resilience persists on market rebound: Central Bank"},"content":{"rendered":"<div class=\"x_elementToProof\">South Africa&#8217;s (SA) financial system remains resilient despite global geopolitical tensions and rising debt risks, the central bank said this Tuesday, as local markets recover from earlier volatility and fiscal conditions improve.<\/div>\n<div class=\"x_elementToProof\">Global markets have shown strength since June, driven by technology and artificial intelligence stocks, with the South African equity market rebounding after United States tariff hikes in April, the South African Reserve Bank (SARB) said in its bi-annual Financial Stability Review on the health and resilience of the country&#8217;s financial system.<\/div>\n<div class=\"x_elementToProof\"><\/div>\n<div class=\"x_elementToProof\">The Johannesburg All-Share index reached an all-time high of almost 114 000 points this month.<\/div>\n<div><\/div>\n<div class=\"x_elementToProof\">Government bond yields fell to six-year lows on improved fiscal prospects, aided by lower inflation, removal from the Financial Action Task Force grey list, a tighter inflation target and a credit rating upgrade by S&amp;P Global Ratings, the report showed.<\/div>\n<div class=\"x_elementToProof\"><\/div>\n<div class=\"x_elementToProof\">Public debt remains elevated at 78.1% of Gross Domestic Product (GDP), but short-term fiscal consolidation was supported by stronger tax revenues and reserve drawdowns.<\/div>\n<div class=\"x_elementToProof\"><\/div>\n<div class=\"x_elementToProof\">&#8220;Despite heightened geopolitical and trade tensions, rising equity prices have continued to support the easing in domestic financial conditions,&#8221; the SARB said.<\/div>\n<div class=\"x_elementToProof\"><\/div>\n<div class=\"x_elementToProof\">&#8220;Long-term bond yields are lower than in previous years, reducing pressure on financial conditions. While the growth rate of household credit has decreased, contributing to tighter conditions this has been partially offset by increased corporate credit throughout 2025.&#8221;<\/div>\n<div class=\"x_elementToProof\"><\/div>\n<div class=\"x_elementToProof\">Banking sector profitability stayed above its 10-year average, with capital buffers robust, it added.<\/div>\n<div><\/div>\n<div class=\"x_elementToProof\">The SARB flagged key risks, including potential capital outflows, rising household and small-medium enterprises distress, infrastructure weaknesses and cyber threats. However, systemic risk indicators &#8220;remain benign&#8221;, with easing financial conditions and a credit-to-GDP gap well below risk thresholds.<\/div>\n<div class=\"x_elementToProof\"><\/div>\n<div class=\"x_elementToProof\">&#8220;Overall, the SA financial system remained resilient, and this resilience is expected to be maintained over the forecast period to November 2026,&#8221; the SARB said.<\/div>\n<div class=\"x_elementToProof\"><\/div>\n<div class=\"x_elementToProof\">&#8211;Reuters&#8211;<\/div>\n","protected":false},"featured_media":13683,"template":"","meta":{"_acf_changed":false},"news-type":[44],"class_list":["post-16122","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"The Johannesburg All-Share index reached an all-time high of almost 114 000 points this month.","published_date":null,"news_description":"The Johannesburg All-Share index reached an all-time high of almost 114 000 points this month.","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/16122","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/16122\/revisions"}],"predecessor-version":[{"id":20066,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/16122\/revisions\/20066"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/13683"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=16122"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=16122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}