In a 4–2 split decision, the South African Reserve Bank (Sarb) cut its benchmark interest rate by 25 basis points to 7.5% on ...
The MPC is now like a war room girding for Trump's trade wars, which it sees possibly knocking the rand to R21/dlr and fanning the flames of inflation again.
Press Release - The Congress of South African trade Unions (COSATU) welcomes the latest 25 basis points repo rate cut to 7.5%, bringing the prime lending rate to 11%.
The International Monetary Fund (IMF) expects South Africa’s yearly economic growth rate to reach 1.8% by 2030, supported in large part by ongoing electricity and logistics reforms. In the outcome of ...
The Bank of England is set to join a growing number of central banks that are pressing ahead with cuts to their key interest rates, even as the most important central bank goes on a pause of uncertain ...
For every million rand that you owe on a home loan for example, your repayments have reduced by around R500 since September last year.
The interest rate cut has been decision has been hailed as a timely lifeline for consumers grappling with debt.
A Balancing Act in Budget Month This is an important month for SMEs. First there’s the President’s State of the Nation Address on 6 February, followed by the National Budget Speech on 19 February. A ...
According to many professionals in the property sector, the start of 2025 has indicated a strong improvement in the appetite for property ownership in the South African market. Property Marketing […] ...
The Western Asset Emerging Markets Debt Fund offers high yield, monthly payouts, and trades discounted. Read more on the ...
For the latest finance news, bookmark The South African website’s dedicated section for free-to-read content And there was some GOOD news for South Africa ... African Reserve Bank’s (SARB ...
Former president Nelson Mandela had a strong friendship with businessman Douw Steyn, and often gave him advice as a father figure, writes Mandela's long-time assistant Zelda la Grange.