the South African Reserve Bank (SARB) said, citing the fact that the value of goods exported had increased in rand terms. The local currency has been worth between just under R19 to the dollar at ...

African 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 ...

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 ...

Photo: Kevin Lamarque/Reuters The South African Reserve Bank cut its main repo rate by 25 basis points to 7.25% on Thursday, as tensions with the U.S. continue amid ongoing global uncertainty.

South African Reserve Bank Governor, Lesetja Kganyago, on Thursday announced that the Monetary Policy Committee had voted to cut the interest rate by 0.25 percentage points on the back of lower ...

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 ...

CAPE TOWN, South Africa (AP) — President Donald Trump and South African President Cyril Ramaphosa are scheduled to meet at the White House next week following allegations by Trump — and denied ...

President Cyril Ramaphosa called the white South Africans “cowardly” for leaving for the United States. By Amelia Nierenberg and Zimasa Matiwane Zimasa Matiwane reported from Johannesburg.

Following the success of the previous competitions in the areas of regulatory compliance and supervision, green and sustainable finance, central bank digital ... The themes of South Africa's ...

A form of ‘Trump derangement’ seems to have infected the South African Reserve Bank – at least when it comes to dealing with Steinhoff. An extraordinary multibillion-rand battle is raging ...

JOHANNESBURG (Reuters) - The South African Reserve Bank (SARB) will likely keep interest rates steady at its March 20 meeting as global trade risks and battles over the national budget keep ...