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African Bank readies digital lending business for SMEsAfrican Bank is 50% owned by the South African Reserve Bank, with the Government Employees Pension Fund owning 25%.A consortium of five South African banks holds the other 25% on a pro-rata basis ...
South African consumers cheered as the South African Reserve Bank (Sarb) cut the interest rate this past week, however, a wider view shows that the relief could be undone by other costs increasing.
after the central bank stressed its strong preference for a lower inflation target at a monetary policy announcement. The South African Reserve Bank (SARB) presented detailed modelling of the impact ...
Sluggish growth prospects and a rise in unemployment have compelled the South African Reserve Bank (SARB) to cut the repo rate by 25 basis points to 7.25% effective today (Friday). In announcing ...
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 ...
The South African Reserve Bank (SARB) Monetary Policy Committee (MPC) has voted to cut the country’s interest rates by 25 basis points. This brings the repo rate down to 7.25% and the prime ...
The South African Reserve Bank (Sarb) Governor Lesetja Kganyago on Thursday announced a cut to the repurchase rate (repo rate) by 25 basis points (BPS). This comes after the central bank's ...
alongside millions of highly indebted workers keenly awaits the South African Reserve Bank's Monetary and Policy Committee's meeting on the repo rate Thursday 29 May 2025. Workers have struggled ...
Economists polled by Reuters expect the South African Reserve Bank (SARB) to cut its main interest rate by 25 basis points to 7.25% on Thursday. South Africa’s inflation stayed below the SARB ...
The South African Reserve Bank (SARB) will announce its monetary policy decision on Thursday after pausing a rate-cutting cycle in March because of risks from U.S. President Donald Trump’s ...
The Excelerate strategy is the bank’s plan to offer an IPO, as the South African Reserve Bank plans to sell its stake in the bank after acquiring part of the bank a decade ago when it was placed ...
He also indicated that such a moment is “imminent” — though he declined to offer any details about what that means. On immigration: In a particularly contentious moment, Gorka said that “due process ...
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