News

t took the South Africa Reserve Bank (Sarb) just two weeks to appeal a legal loophole that would allow unlimited funds to leave the country using cryptocurrencies. On Monday, it filed an appeal ...
It took the South Africa Reserve Bank (Sarb) just two weeks to appeal a legal loophole that would allow unlimited funds to leave the country using cryptocurrencies. On Monday, it filed an appeal ...
PRETORIA, May 29 (Reuters) – South Africa’s central bank cut its main interest rate by 25 basis points to 7.25% on Thursday, after inflation came in below its target range for a second ...
South Africa’s antiquated exchange control regulations do not apply to cryptocurrencies and require urgent reform, the Pretoria High Court has stated. In a ruling delivered on 15 May, Judge ...
When it comes to forex trading South Africa, local traders pay close attention to every decision made by the South African Reserve Bank. Monetary policy can shift the economic landscape rapidly ...
JOHANNESBURG, March 20 (Xinhua) -- South Africa's gross domestic product (GDP) grew 0.6 percent in 2024, with household consumption and lower inflation being the major contributors, the country's ...
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 ...
Economy Federal Reserve's Jerome Powell says there's no need to rush on interest rate cuts February 11, 20255:42 PM ET Scott Horsley ...
South Africa recorded foreign direct investment outflows of 3.2 billion rand ($179.87 million) in the third quarter, compared to inflows of 16.6 billion in the second quarter, central bank data ...
The South African Reserve Bank (SARB) sets a high benchmark for transparency and is considered by the external stakeholders one of the most reputable and effective public institutions in South Africa, ...
The decision follows the U.S. Federal Reserve's larger-than-expected 50-basis point rate cut on Wednesday, and makes South Africa the latest emerging market to embark on a monetary easing cycle ...