{"id":29920,"date":"2026-03-25T18:04:25","date_gmt":"2026-03-25T16:04:25","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=29920"},"modified":"2026-03-25T18:04:25","modified_gmt":"2026-03-25T16:04:25","slug":"sa-faces-pressure-as-oil-prices-surge-above-100-a-barrel","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/sa-faces-pressure-as-oil-prices-surge-above-100-a-barrel\/","title":{"rendered":"SA faces pressure as oil prices surge above $100 a barrel \u00a0"},"content":{"rendered":"<p>South Africa\u2019s (SA) central bank is under growing pressure as global oil prices soar above $100 a barrel, threatening to derail the country\u2019s inflation outlook.<\/p>\n<p>&nbsp;<\/p>\n<p>The SA Reserve Bank is widely expected to maintain the repo rate at 6.75% today, continuing the pause it took in January. But analysts warn the sharp rise in oil prices could force a rethink on policy direction.<\/p>\n<p>&nbsp;<\/p>\n<p>Investec Chief Economist Annabel Bishop says the escalation in Middle East tensions is likely to prompt a more hawkish stance from policymakers.<\/p>\n<p>&nbsp;<\/p>\n<p>\u201cA small hike, even though it\u2019s not expected, would maybe be pre-emptive in terms of higher inflationary pressures,\u201d Bishop said. \u201cThe Reserve Bank will look at its inflation forecast again, especially with oil prices rising from around $65 to over $100 a barrel, which will feed into its models.\u201d<\/p>\n<p>&nbsp;<\/p>\n<p>&#8211;ChannelAfrica&#8211;<\/p>\n","protected":false},"featured_media":20970,"template":"","meta":{"_acf_changed":false,"_links_to":"","_links_to_target":""},"news-type":[44],"class_list":["post-29920","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"SA central bank is under growing pressure as global oil prices soar above $100 a barrel","published_date":"2026-03-25 18:03:53","news_description":"SA central bank is under growing pressure as global oil prices soar above $100 a barrel","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/29920","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\/29920\/revisions"}],"predecessor-version":[{"id":29921,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/29920\/revisions\/29921"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/20970"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=29920"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=29920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}