News

In May 2025, South Africa witnessed a notable increase in credit demand, growing by 5.0%, a figure that not only surpassed April's 4.6% but also exceeded market expectations, which were set at 3.0 ...
Not all interest rates work the same. Your choice among these two main types come down to how you save and how you borrow. Here's what to know about fixed and variable rates.
Interest rates cuts will likely be scaled down compared to expectations six months ago, says Lesetja Kganyago, ... Consumers and businesses should brace themselves for interest rates in South Africa ...
South Africa's central bank struck a measured tone after its first rate cut in more than four years on Thursday, saying although inflation had fallen faster than expected there were still risks to ...
South Africa’s central bank kept borrowing costs unchanged at a 15-year high at its final rate-setting meeting before elections in May, as the bank sees inflation returning to the midpoint of ...
The South African Reserve Bank will cut its repo rate by 25 basis points to 8.00% at its Sept. 19 meeting as slowing inflation opens the door to easier policy for the first time since its COVID-19 ...
Due to their fixed terms and low deposit requirements, CDs can offer significantly higher interest rates when compared to traditional savings and checking accounts — up to 10 times more than the ...