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 ...
South African interest rate cut: your monthly savings explained
For every million rand that you owe on a home loan for example, your repayments have reduced by around R500 since September ...
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 ...
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 ...
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
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 ...
politicsweb2d
Increase of repo rate sickening – EFF
The EFF condemns the sickening, cruel, and senseless decision of the South African Reserve Bank Monetary Policy Committee to increase the repo rate by 75 basis points to 7% per year effective from the ...
South Africa will deepen reforms to try to lift growth above 3%, president says
South African President Cyril Ramaphosa said on Thursday that his government would launch another phase of reforms to try to ...
World Bank Lifts South Africa GDP Forecast on Energy, Logistics
The World Bank raised its economic-growth forecast for South Africa because of a sustained recovery in its energy and ...
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 ...