South African consumers cheered as the South African Reserve Bank (Sarb) cut the interest rate this past week, however, a wider view shows that the relief could be undone by other costs increasing.

South Korea's central bank responded to economic headwinds by cutting its key interest rate to 2.5% and sharply reducing its 2025 growth forecast to 0.8%. The moves aim to counter the impact of US ...

Investors still lack clarity over the impact of tariffs once they come into effect after negotiations and the Federal Reserve’s next ... The Toronto-Dominion Bank is a Canadian chartered bank ...

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. Japan's NTT Unit Plans to Buy ...

Retail banks have begun to cut their mortgage interest rates after the Reserve Bank dropped the Official Cash Rate from 3.5 to 3.25%. The Bank of New Zealand (BNZ) cut its fixed and floating ...

South Africa has launched a new integrated state oil company, replacing three separate entities in an effort to create what it hopes will be a "financially sustainable national energy champion".

Welcome to Next Africa, a twice-weekly newsletter on where ... The next leader of the African Development Bank faces a formidable task: pivoting the continent’s biggest multilateral lender ...

The South African Reserve Bank is ... million EV boost for South Africa: Zero Carbon Charge has received a funding injection of R100 million from the Development Bank of Southern Africa (DBSA).

These include the forced-but-painful exit of promoter Rana Kapoor from the board in 2019, the imposition of a 30-day moratorium by the Reserve Bank of India (RBI) in March 2020, and a subsequent ...

Bond yields move inversely to prices. The Reserve Bank of India's board approved the transfer of 2.69 trillion rupees ($31.6 billion) as surplus to the federal government for the fiscal year ended ...

JOHANNESBURG — South Africans welcomed President Donald Trump's highly critical Oval Office statements Wednesday about killings in the country, according to analysts. The President showed video ...

Executive Head, Retail and Commercial Banking at Prudential Bank, Ebow Quayson ... This statement is still of great relevance today as Africa cannot claim full economic independence when our ...