South Africa’s government has drawn up a lofty plan to develop a free digital payment platform for residents to reduce cash ...

Several of South Africa’s biggest payment providers plan to cut the cost of digital transactions by entering the country’s ...

South Africa's rand slipped on Monday, ahead of a week packed with domestic and international data releases, with eyes set on ...

South Africa's rand edged higher early on Wednesday ahead of an interest rate decision by the U.S. Federal Reserve.

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 ...

South Africans want to hear about economic strategies, NHI, legislative changes and the Trump-Musk Saga at SONA2025. Will Ramaphosa oblige?

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 ... announced earlier in 2024 that it plans to launch a new cooperative bank in South ...

with eyes set on interest rate decisions from the Federal Reserve and the South African Reserve Bank (SARB). At 0657 GMT, the rand traded at 18.50 against the dollar, about 0.5% weaker than its ...

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 ...

(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 ...

South African Reserve Bank (SARB) Governor Lesetja Kganyago said that interest rates in the country will be cut by 25 basis points (BPS) on Thursday. This comes after the central bank’s Monetary ...