The South African Reserve Bank (SARB) said on Wednesday that there would not be a media briefing this week as some in the market had expected.

The Monetary Policy Committee (MPC) meeting, however, is scheduled to take place on Monday and Tuesday next week, followed by the Monetary Policy Review on Wednesday.

There was talk last week from the Bank's communication department that a briefing may be called. This came as some in the market expect new central bank Governor, Gill Marcus, to make an announcement soon on monthly MPC meetings potentially reverting back to bi-monthly.

Marcus took up the cudgels at the Bank this week and faces a baptism of fire next week as many leftwing elements are calling for lower interest rates.

South Africa's key lending rate ? the repo ? was kept on hold at seven percent last month, with some commentators feeling a window of opportunity may have been missed to drop rates, while others feel that the window may only now be opening.