South Africa's net foreign reserves fall to $54.980bn in Sept

South Africa's net foreign reserves fell to $54.980bn by the end of September from $55.444bn in August, central bank data showed on Friday, 6 October.

By Tannur Anders and Bhargav Acharya

6 Oct 2023

Source: Reuters.

Source: Reuters.

Gross reserves decreased to $61.131bn in September from $61.998bn in August. The forward position, which represents the central bank's unsettled or swap transactions, fell to $0.511bn from $0.515bn.

Source: Reuters

Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day.

Go to: https://www.reuters.com/

Top stories

Niko Kougioumtzis, RAPT Creative strategist asks culture, pop culture, and the marketing mirror: which influences which? (Image source: © Professional Jeweller )

Marketing & MediaWhat came first: Marketing or culture?

Niko Kougioumtzis 52 minutes

From highways to headlines, The OG Influencer made its presence felt everywhere (Image supplied)

Marketing & Media#BehindtheCampaign: OG Influencer shows OOH is impossible to ignore

1 hour

Image credit: on

HealthcareSouth Africa inches closer to end-to-end vaccine manufacturing

29 minutes

Pepkor completes R1.7bn acquisition of Retailability brands

RetailPepkor completes R1.7bn acquisition of Retailability brands

2 hours

Image source: lightboxx –

LegalA cross-regional guide to Africa's crypto regulations

Contributors - various African attorneys 1 hour

Promoted

Rand Mutual Life and B3 conclude strategic deal to enhance policyholder experience

FinanceRand Mutual Life and B3 conclude strategic deal to enhance policyholder experience

Rand Mutual Life 29 Oct 2025

More news

Connected media: The next frontier in South African media planning

Marketing & Media

Connected media: The next frontier in South African media planning

Advertising Media Forum 3 hours

Hot 102.7FM voted Gauteng’s Favourite Radio Station

Marketing & Media

Hot 102.7FM voted Gauteng’s Favourite Radio Station

HOT 102.7FM 1 hour

Tembisa West Secondary School crowned champions of 2025 Samsung Solve for Tomorrow competition

Retail

Tembisa West Secondary School crowned champions of 2025 Samsung Solve for Tomorrow competition

Samsung 29 Oct 2025

The price of petrol, diesel, illuminating paraffin and LP Gas will decrease from Wednesday this week (Image source: © 123rf )

Automotive

November price decrease for petrol and diesel

2 hours

When school no longer feels safe: How online education becomes a sanctuary

Education

When school no longer feels safe: How online education becomes a sanctuary

CambriLearn 50 minutes

Bissell announces strategic partnership launch in South Africa with Legend Housewares

Lifestyle

Bissell announces strategic partnership launch in South Africa with Legend Housewares

DarkMatter Marketing PTY (Ltd) 29 Oct 2025

Lebo Gaoaketse head of marketing and communication at WesBank. (Image supplied)

Automotive

SA's new vehicle sales hit 10-year high as confidence returns

2 hours

Where a high-performance culture meets mutual commitment and trust

Marketing & Media

Where a high-performance culture meets mutual commitment and trust

Lesley Rencontre and Phoebe Opperman, DUO Marketing + Communications 3 hours

CWP worker Ewart Sithebe, in the yellow jacket with a microphone, led the crowd. Photo: Warren Mabona / GroundUp

HR & Management

EPWP workers march for permanent jobs and better pay

Warren Mabona 31 minutes

Image credit: on Pexels

Energy & Mining

Applications for C-Suite Women in Energy Empowerment open

1 hour

The Impact Series by Thinkerneur presents: Drivers Of A Sustainable Future

ESG & Sustainability

The Impact Series by Thinkerneur presents: Drivers Of A Sustainable Future

Thinkerneur 51 minutes

MotionAds co-founders wins Eric Ellerine Entrepreneur Award

Entrepreneurship

MotionAds co-founders wins Eric Ellerine Entrepreneur Award

1 hour

Global tourism video competition opens for CIFFT Circuit 2026

Tourism & Travel

Global tourism video competition opens for CIFFT Circuit 2026

1 hour

BusinessTech: Where 5 million South African industry leaders get their news

Marketing & Media

BusinessTech: Where 5 million South African industry leaders get their news

Broad Media 4 hours

How FMs can avoid restroom greenwashing: 10 red flags

Property

How FMs can avoid restroom greenwashing: 10 red flags

Propelair SA 2 hours

Why the "glass is greener" belief is misleading in packaging design

Retail

Why the "glass is greener" belief is misleading in packaging design

3 hours

Glynt acquires Store (my) Cards and launches new tech division, Ignis Labs

Marketing & Media

Glynt acquires Store (my) Cards and launches new tech division, Ignis Labs

Tractor Outdoor 4 hours

Image source: Oleksandr Mudretsov –

Education

University ranking systems are being rejected. African institutions should take note

Sioux McKenna 3 hours

Image credit: on Pexels

ESG & Sustainability

Global backing for GAIA climate fund reaches $600m at first close

2 hours

Image credit: Skims

Healthcare

Diarrha N’Diaye to develop beauty and fragrance at Skims

4 hours

Image source: jcomp from

Legal

New King V Code takes the throne: What to expect

22 hours

Image source: freepik from

Education

NSFAS board chairperson resigns

20 hours

Energy & Mining

Chevron sets its sights on West Africa for oil exploration

Wendell Roelf 3 hours

Image source: Roman Iegoshyn –

HR & Management

The cost of absenteeism: Can you afford not to provide staff with health cover?

Lushan Sundram 21 hours

November film releases: Myths & Matters of the Heart

Lifestyle

November film releases: Myths & Matters of the Heart

Daniel Dercksen 1 hour

Image credit: on Pexels

Healthcare

Kimberly-Clark announces $48.7bn Kenvue acquisition

21 hours

Record grain harvest showcases resilience of SA farmers

Agriculture

Record grain harvest showcases resilience of SA farmers

20 hours

Archive image: Curro Durbanville

Education

Majority approval for Curro buyout offer

1 day

SA's airfreight strategy invites public feedback as deadline looms

Logistics & Transport

SA's airfreight strategy invites public feedback as deadline looms

22 hours

Image source: jcomp from

Legal

SCA ruling endorses Calderbank offer: What this means for dispute resolution in SA

Jonathan Barnes and Elan Dekel 31 Oct 2025

Image source: atic12 –

HR & Management

Why stringent employee vetting could be a matter of life or death

3 days

Image source: pvproductions from

Legal

Gearing up for appeal: Standard Bank v Sarb and the crypto contradiction

Joon Chong 29 Oct 2025

Image source: DC Studio from

Legal

Revisiting the validity of virtually commissioned affidavits

Dee-dee Mathelela 29 Oct 2025

Image:

Education

Could the Swiss Dual Education System be the answer to SA's skills gap?

Dikeledi Molobela 31 Oct 2025

Supplied image - back row (L-R): Sohail Dhoda, Head of Business, Growth and Strategy at Philanthrosoft; Tobias Muehler, Head of the Technical and Vocational Education and Training (TVET) unit at GIZ; Thomas Schaef, Country Director, GIZ South Africa, Lesotho and Eswatini and Naria Santa Lucia, General Manager at Microsoft Elevate.
Front row (L-R): Suraya Adam, Commission Manager at GIZ; Alexandra Militz, Advisor at GIZ and Tiara Pathon, AI Skills Director, Elevate at Microsoft South Africa.

Education

Microsoft SA unveils Ikamva Digital to boost youth tech skills

29 Oct 2025

SA algae-fuel startup wins world’s largest green business competition

Entrepreneurship

SA algae-fuel startup wins world’s largest green business competition

28 Oct 2025

Joburg launches new tourism training programme to boost job creation

Tourism & Travel

Joburg launches new tourism training programme to boost job creation

1 day

Rowen Pillai, CEO of LeanTechnovations

HR & Management

AI revolution in SA: Opportunities in a 2030 job market

Rowen Pillai 30 Oct 2025

Source: Supplied.

Property

FATF delisting breathes life into South African property market

30 Oct 2025

Source: Supplied. Kerry King; Advisory Partner: Citadel.

Finance

Timing your retirement withdrawals

30 Oct 2025

Source: GCIS.

Finance

South Africa seeks to boost $25bn Southeast Asian trade ties with new deals

30 Oct 2025

Let's do Biz