The USD/ZAR exchange rate rose for four consecutive days, reaching its highest level since July 16. What next for the South ...

Elsewhere Du Preez puts the exposure of South African lenders at the time at about R28.8-billion. It seems the Reserve Bank was alive to the systemic risks and supported efforts to save the company.

The South African Reserve Bank cut its main repo rate by 25 basis points to 7.25% on Thursday, as tensions with the U.S. continue amid ongoing global uncertainty.

All but two of 22 economists surveyed in the past week said the South African Reserve Bank (SARB) would cut rates by 25 basis points (bps) to 7.75% at its Nov. 21 meeting. Two expected a 50bps cut.

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. On Friday, U.S. Secretary of State Marco ...

South Africa's Reserve Bank is expected to cut interest rates for the first time in more than two years - by 25 basis points to 8.00% - on Sept. 19, according to a Reuters poll of economists who ...

JOHANNESBURG (Reuters) - The South African Reserve Bank (SARB) will likely keep interest rates steady at its March 20 meeting as global trade risks and battles over the national budget keep ...

Standard Bank received a financial penalty of R13 million for FIC failures, while Absa received a R10 million penalty. More recently, HBZ received a R9 million fine, R1.5 million being ...

South African stocks could remain on a slight upside course, following a measured advance in the JSE FTSE Top 40 Index on Wednesday, which rose 0.13% to close at 86,246.13.

By Alexandra Wexler 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.