While the South African Reserve Bank refuses to acknowledge that cryptocurrency is money, it wants it treated as such for the ...

South Africa's coal-dependent economy could lose billions in export revenue and thousands of jobs as more countries and ...

It plunged from a high of 19.93 on April 9 to a low of 17.80 this week as investors focus on the upcoming South African Reserve Bank (SARB ... in April from 2.7% a month earlier. It remains inside the ...

South Africa’s antiquated exchange control regulations do not apply to cryptocurrencies and require urgent reform, the ...

The Excelerate strategy is the bank’s plan to offer an IPO, as the South African Reserve Bank plans to sell its stake in the bank after acquiring part of the bank a decade ago when it was placed ...

The South African Reserve Bank's (SARB) current inflation target sits in the 3-6% range and its governor Lesetja Kganyago has for years stressed his preference for a lower target, saying the ...

These banks are Capitec, Standard Bank, and Absa. The sanctions were imposed by the South African Reserve Bank’s Prudential Authority (PA). The PA regulates banks, insurers, and other financial ...

Inflation data is due out on the same day as National Budget 3.0, with an announcement from the South African Reserve Bank to be made the following Thursday. On the back of recent easing in the ...

The real estate investment trust (Reit) sector in South Africa outperformed the country’s equity and bond sectors in April. While the Reits gained 6.9%, equities rose by 4.3% and bonds by 0.8%.

as some economists expect the South African Reserve Bank (SARB) to lower the repo rate during its meeting on Thursday. Since July 2024, the SARB has already cut rates three times. Experts remain ...

The growth has come predominantly from non-bank lenders offering shorter-term ... Industry estimates suggest that gambling spend in South Africa has surpassed R1.1tn. Much of this activity is ...