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. Earlier this month, South African ...

Experts highlight systemic corruption, failing infrastructure, and state incapacity as key factors undermining South Africa's ...

The National Prosecuting Authority announced it would attempt to extradite the Gupta brothers from the UAE once more, but ...

The announcement comes as the bank foresees lower global interest rates and a weaker outlook for the local economy ...

Despite the global environment becoming less tense since the March meeting, the central bank will remain cautious, economists say ...

JOHANNESBURG--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 ...

“SACP denounces imperialist-controlled foreign currency debt accumulation path” – Party statement on recent World Bank loan ...

South African Reserve Bank Governor, Lesetja Kganyago ... which he made earlier this month during the third iteration of the National Budget. The cut in the interest rate drops the prime lending ...

A lower South African inflation target coupled with a revised borrowing strategy could save the government as much as R870-billion in debt-service costs, according to a research document published by ...

South Africa's central bank believes it has reached a "neutral zone" on interest rates after its latest cut and now needs government reforms to spark stronger economic growth, Reserve Bank ...

Converting Ethiopian Birr to South African Rand (ETB to ZAR) just got easier – learn how below and make informed moves. The ...