If the MPC bases its decision purely on data, the country could enjoy a rate cut, however, many other factors are at play which could see interest rates remaining unchanged at the end of the month, ...

The SARB’s Prudential Authority has explained the apparent rise in sanctions against local and international banks operating ...

After 25 years at South Africa’s biggest retail bank, Capitec CEO Gerrie Fourie is stepping down. But don’t expect a quiet goodbye or a conventional retirement.

South Africa's Capitec Bank said on Friday that Group CEO and founding member Gerrie Fourie will retire in July after 11-1/2 years at the helm, and named Graham Lee, the group executive of its ...

JOHANNESBURG, March 17 (Reuters) - South Africa's Absa Group , opens new tab on Monday named former Standard Bank South Africa chief , opens new tab Kenny Fihla as its new CEO, effective June 17.

CEO of the Prudential Authority and South African Reserve Bank deputy governor, Fundi Tshazibana, weighed in on the ...

The South African Reserve Bank on Thursday raised its main repo rate to 8.25% from 7.75% in an effort to keep inflation in check amid a persistent electricity crisis, a weakening currency and ...

Showing confidence in the economy. South Africa’s repo rate has remained steady at 8.25% since May 2023. However, the trade union federation COSATU earlier said with inflation having eased to 4.4% in ...

The South African Reserve Bank (SARB) sets a high benchmark for transparency and is considered by the external stakeholders one of the most reputable and effective public institutions in South Africa, ...