Bizcommunity.com on MSN6d
Reserve Bank’s third rate cut in a row: What it means going forward
Reserve Bank Governor Lesetja Kganyago has announced a 25-basis-point rate cut for South Africa, lowering the prime lending rate to 11%—the third consecutive reduction by the Central Bank. This move ...
businesstech.co.za6d
IMF sends a warning to South Africa
The IMF recommended that the central bank continue to manage the normalization of the policy rate toward the neutral level in a flexible and data-driven manner. The South African Reserve Bank ...
SA Reserve Bank cuts interest rates by 0.25%
This comes after the central bank’s Monetary Policy Committee (MPC) voted for a 25BPS cut today, which translates to a 0. 25% cut in the repurchase rate (repo rate).
The Citizen6d
Reserve Bank reduces repo rate by 25 basis points
The South African Reserve Bank’s (SARB) Monetary Policy Committee (MPC) has reduced the repo rate by 25 basis points, with effect from today. “Four members preferred this action, while two ...
National Geographic news5d
On the trail of the elusive pangolin at a South African safari reserve
Photograph by Jonathan Gregson Working to ensure the mammal gets to amble through another few million years is Phinda Private Game Reserve in South Africa ... across the branch of a marula ...
economist.com.na6d
South African Reserve Bank cuts interest rate by 25 basis points
The South African Reserve Bank’s (SARB) Monetary Policy Committee (MPC) on Thursday decided to lower the repo rate by 25 basis points to 7.50%, effective from 31 January. This was announced at the MPC ...
businesslive.co.za4d
Reserve Bank moving to streamline payment systems, reduce cash usage
The South African Reserve Bank will allow digital payment firms to handle certain licensed banking activities while it finalises a regulatory review that could open the door for non-banking ...
politicsweb5d
Reserve Bank publishes South African Rand Overnight Index Average
The South African Reserve Bank (SARB) today commenced publishing the South African Rand Overnight Index Average (ZARONIA), which is a financial benchmark that reflects the interest rate at which ...
richest6d
Interest rate cut: Here’s how much R1 million bond repayments will cost
The South African Reserve Bank’s (SARB’s) monetary policy committee (MPC) meets every second month to announce changes – if any – to the country’s repo and prime lending rates.
politicsweb5d
Old R200 notes being recalled - SARB
The South African Reserve Bank today announces a public information ... May 31 st. Anyone holding old R200 notes after this date will have to exchange them at one of the six Reserve Bank branches or ...
South Africa Banks Seek New Scorecard on Apartheid-Redress Plans
A South African banking-lobby group wants the government to complete a review of a charter created to address inequalities ...
South African rand firms ahead of president's address
South Africa's rand gained against a weaker dollar on Wednesday, as investors awaited President Cyril Ramaphosa's national ...