For every million rand that you owe on a home loan for example, your repayments have reduced by around R500 since September last year.

This comes after the central bank’s Monetary Policy Committee (MPC) voted for a 25BPS cut today, which translates to a 0. 25% cut in the repurchase rate (repo rate).

The South African Reserve Bank will allow digital payment firms to handle certain licensed banking activities while it finalises a regulatory review that could open the door for non-banking ...

The South African Reserve Bank’s (SARB’s) monetary policy committee (MPC) meets every second month to announce changes – if any – to the country’s repo and prime lending rates.

The South African Reserve Bank (SARB) today commenced publishing the South African Rand Overnight Index Average (ZARONIA), which is a financial benchmark that reflects the interest rate at which ...

The EFF condemns the sickening, cruel, and senseless decision of the South African Reserve Bank Monetary Policy Committee to increase the repo rate by 75 basis points to 7% per year effective from the ...

JOHANNESBURG, Feb 3 (Reuters) - South Africa's foreign ministry said on Monday that its expropriation act was not exceptional, after U.S. President Donald Trump said he would cut off funding to ...

Photograph by Jonathan Gregson Working to ensure the mammal gets to amble through another few million years is Phinda Private Game Reserve in South Africa’s KwaZulu-Natal province. Owned by the ...

To convert Pounds to South African Rands or determine the Pound South African Rand exchange rate simply use the currency converter on the right of this page, which offers fast live exchange rate ...

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Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

The Federal Reserve cut the federal funds rate three ... like taking advantage of valuable bank account bonuses. Many banks and credit unions offer limited-time cash bonuses for opening new ...