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The South African Reserve Bank sees growing uptake of crypto-currencies and artificial intelligence within the country’s payments ecosystem.
The new Johannesburg loan adds to another AfDB gave South Africa on Tuesday to promote energy efficiency and rail reforms worth more $474.6 million.
JOHANNESBURG - The African Development Bank on Tuesday approved a $139 million (R2,449,636,926) loan to South Africa's financial capital to upgrade its utilities, marking its first direct lending ...
Photo / Mark Mitchell Finance Minister Nicola Willis has announced that former acting Reserve Bank Governor Grant Spencer has been appointed to the central bank’s board.
Parliament is set to hold public hearings on the South African Reserve Bank Amendment Bill, which aims to nationalise the central bank and make the State its sole shareholder.
The Board of Directors of the African Development Bank Group ( ) has approved a ZAR 2.5 billion (approximately $139 million) corporate loan to the City of Johannesburg Metropolitan Municipality ...
HDFC Bank recently trimmed its savings account rate on high-value deposits to a flat 2.75 per cent across balances and lowered fixed deposit rates by up to 25 basis points.
The independence of the US Federal Reserve is back in the spotlight. Late last month, Fed Chair Jerome Powell met at the White House with President Donald Trump “to discuss economic developments ...
Former Reserve Bank of New Zealand (RBNZ) Acting Governor Grant Spencer has been appointed to the central bank's board for a five-year term, effective July 1, Finance Minister Nicola Willis said ...
President Donald Trump says that tame inflation means the Federal Reserve should already be reducing its policy rate, but inside the U.S. central bank the idea has little traction, with only two ...
Economists expect the recovery continued during the first quarter of the year.
All the major banks passed the Federal Reserve’s annual “stress tests” of the financial system, the central bank said Friday, but the test conducted by the central bank was notably less ...
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