News

The South African Reserve Bank reduced its key interest rate by 25 basis points to 7.25%, with unanimous backing from its Monetary Policy Committee. This marks a significant policy shift as the SARB ...
The personal Sapphire Reserve will promise $2,700 in annual value, while the business version offers $2,500. Cardholders can receive elevated travel credits, dining perks, and many protections. The ...
The personal Sapphire Reserve will promise $2,700 in annual value, while the business version offers $2,500. Cardholders can receive elevated travel credits, dining perks, and many protections. The ...
South African Reserve Bank expected to cut interest rates, Mzansi not surprised. 9 months ago by Tebogo Mokwena . What R100 could buy in 1980 vs today: South Africans share their thoughts. 9 months ...
Rest of World News: At least 90 people have died in last week's heavy floods that devastated South Africa's Eastern Cape province, the local government said Monday, as re ...
The African Development Bank stepped forward with a $24.7 million Post-Cyclone Idai Emergency Recovery Project (PCIREP), implemented through the United Nations Office for Project Services (UNOPS), the ...
In the absence of capital outflows, Directors recommended gradually aligning the policy rate with that of the South African Reserve Bank (SARB) to safeguard the currency peg, taking advantage of ...
The meetings will start with the G20 Finance and Central Bank Deputies Meeting from 14 to 15 July, followed by the Finance Ministers and Central Bank Governors Meeting from 17 to 18 July 2025. The G20 ...
The Reserve Bank of Zimbabwe on Monday kept its benchmark rate unchanged at 35%, citing a stable exchange rate as one of the reasons, and reported total reserves of $701-million. The bank said the ...
How Reserve Bank board members vote on interest rate decisions is set to become public knowledge, with the bank and the federal government positively disposed to implementing the transparency-boosting ...
The African Development Bank Group’s financing package of $184.1 million includes $125.5 million in commercial loans, as well as concessional funding from Bank Group-managed Special Funds the ...
THE BANK: The African Development Bank (“the Bank”) is a premier multilateral development finance institution. Its mission is to contribute to the economic development and social progress of its ...