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 ...
Key Decision & Economic Outlook Announcing the decision on Thursday, SARB Governor Lesetja Kganyago stated that four out of ...
South Africa's rand gained on Thursday after data showed U.S. economic growth slowed in the fourth quarter, while the South ...
This comes after the central bank’s Monetary Policy Committee (MPC) voted for a 25BPS cut today, which translates to a 0. 25% ...
What’s going on here? South Africa's leading business cycle indicator climbed 0.6% in November, despite the rand's struggles, indicating potential economic growth amid volatile global markets. South ...
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’s central bank governor, Lesetja Kganyago, criticized the cryptocurrency industry’s lobbying efforts in the U.S., arguing that bitcoin is no more suitable as a reserve asset than ...
The South African Reserve Bank will trim its repo rate next week by a quarter of a percentage point to 7.50% and repeat that in March, but then delay its final 25 basis point cut of the cycle to the ...
President Cyril Ramaphosa has today met with the Board of the South Africa Reserve Bank (SARB) at the Sefako Makgatho Presidential Guesthouse in Tshwane The meeting, which was attended by the Deputy ...
YORK, Pa. (WHTM) — Three branches in York County will be among 15 to be closed by Lancaster-based Fulton Bank, a bank spokesperson confirmed. Branches in Hellam (599 West Market Street ...
we watched the South African Reserve Bank (SARB) hold firm on its monetary policy, sending ripples through the market. But that was just the warm-up act. As the week unfolded, we saw ...