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 ...

The South African Reserve Bank has cut interest rates by 25 basis points, dropping the repo rate to 7.50%. The latest decision by the Monetary Policy Committee (MPC) was in line with expectations ...

Old Mutual Bank (OM Bank) has receieved final approval from the South African Reserve Bank’s Prudential Authority to appoint Clarence Nethengwe as Chief Executive Officer the bank, effective ...

(Bloomberg) -- The South African Reserve Bank is set to lower borrowing costs by another frugal 25 basis points on Thursday while warning that uncertainty around US monetary and trade policies may ...

while the South African Reserve Bank cut its main lending rate for the third time in a row. At 1801 GMT, the rand traded at 18.4525 against the U.S. dollar , about 0.7% stronger than its previous ...

The South African Reserve Bank’s (SARB) Monetary Policy Committee (MPC) has decided to cut the interest rate by 25 basis points (bps) for the first quarter of 2025. The repo rate was cut by 25 ...

Consumers will hope for some much-needed reprieve from their monthly budgets at the end of this month when the South African Reserve Bank Governor, Lesetja Kganyago, announces the Monetary Policy ...

On Thursday, domestic investors will turn their attention towards the South African Reserve Bank's first interest rate decision for 2025. Economists polled by Reuters forecast a 25 basis point cut ...

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 ...

The third cut in a row brings the South African Reserve Bank’s key repo rate to 7.50% and the prime lending rate to 11%, heralding more relief for hard-pressed consumers and businesses.

The South African Reserve Bank has announced a 25 basis point cut in the interest rate, marking the third consecutive ...

South Africa's central bank chief on Tuesday, 21 January 2025 criticised industry lobbying of US policymakers, telling a Davos panel event that bitcoin made no more sense as a reserve asset than ...