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The South African Reserve Bank (Sarb) has incurred a nearly R1bn loss on its investment in African Bank Holdings, reflecting the severe financial challenges the bank has faced since entering ...
JOHANNESBURG—The South African Reserve Bank on Thursday maintained its main repo rate at 8.25% in an effort to keep inflation in check amid general uncertainty at home and abroad.
The South African Reserve Bank held its main repo rate at 7.5% on Thursday, as tensions with the U.S. continue to rise amid escalating global uncertainty.
The South African Reserve Bank (SARB) will keep its repo rate unchanged on Nov. 23 and wait until May 2024 before cutting it, a Reuters poll found, ...
His remarks followed the South African Reserve Bank’s (SARB) decision to cut interest rates by 25 basis points, offering some relief to consumers grappling with persistent economic pressures.
JOHANNESBURG, May 28 (Reuters) – The South African rand was flat in early trade, as traders held off from big bets before the central bank’s interest rate decision on Thursday. At 0645 GMT ...
The South African Reserve Bank said the quality of bank loan books has suffered amid high interest rates and announced plans to have lenders add protectively to their capital buffers in 2025.
South African Reserve Bank (SARB) Deputy Governor Kuben Naidoo has said "our view has changed" from five or six years ago when there was "no intent on regulating this from a currency point of view ...
JOHANNESBURG--The South African Reserve Bank on Thursday maintained its main repo rate at 8.25% in an effort to keep inflation in check amid general uncertainty at home and abroad. The SARB kept ...