with eyes set on interest rate decisions from the Federal Reserve and the South African Reserve Bank (SARB). At 1424 GMT, the rand traded at 18.72 against the dollar , about 1.7% weaker than its ...

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

The South African Reserve Bank has announced a 25 basis point cut in the interest rate, marking the third consecutive reduction as the country navigates economic challenges.

In a video speech to the World Economic Forum in Davos, Switzerland, last Thursday, US President Donald Trump emphasised that he would demand that interest rates drop immediately. Photo: file Most ...

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 ... of 2024 into the new year.

The Inkatha Freedom Party has slammed the decision by the South Africa Reserve Bank ... to the VBS Mutual Bank in Limpopo which was looted of R2 billion of depositors’ money by its executives ...

The South African Reserve Bank (SARB) today commenced publishing the South African ... Due to the shortcomings of the proposed benchmarks, a new suite of benchmarks was designed and published in the ...

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 ...

(iii) cost of money or rate of interest ... The following targets are proposed to be incorporated within the mandate of the South Africa Reserve Bank and South African Government: ...

The dollar’s role as the world’s reserve currency and the US’s influence in international institutions like the IMF and World Bank reinforced ... China, South Africa and others (the BRICS+ ...

In response to the BRICS countries’ (Brazil, Russia, India, China, South Africa) musings about a potential rival currency ... U.S. Federal Reserve can and does simply “print” new U.S ...

Old Mutual Bank (OM Bank) has receieved final approval from the South African Reserve Bank’s Prudential ... OM Bank is one of four new banks that are set to launch in South Africa in 2025 ...