The South African central bank's decision to lower its inflation target on Thursday without the sign-off of the finance ...

South Africa's government borrowing costs dropped to their lowest in five years after the Reserve Bank announced on Thursday ...

The central bank cut its main repo rate by a quarter percentage point as inflation remains low in the midst of continuing ...

Political parties in South Africa are advocating for the establishment of a regulatory body to prevent banks from having it ...

PayShap is powered by BankservAfrica and supported by South Africa's banks under the Rapid Payments Programme, ensuring ...

The South African Reserve Bank (SARB) Monetary Policy Committee (MPC) has voted to cut interest rates in South Africa by ...

At its 31 July meeting, the SARB trimmed the repo rate by 25 basis points but moved to a stricter 3% inflation target (down ...

This means the repo rate will decrease from 7. 25% to 7%, effectively taking the prime lending rate to the country to 10. 50% ...

Swartland, a South African manufacturer of windows, doors, and timber products, could be forced to close its export business ...

With low inflation, the monetary policy committee said it is aiming for inflation to settle at 3% — the bottom of its target ...

Steinhoff imploded in December 2017 when the auditors refused to sign off on the financial statements due to irregularities.

South Africa’s central bank cut its key interest rate by 25 basis points to 7.00% on Thursday and said it would now aim for ...