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South Africans are giving cash the cold shoulder, with most consumers now turning to cards and smartphones instead of ...
The South African Reserve Bank held its main repo rate at 7.5% on Thursday, as tensions with the U.S. continue to rise amid escalating global uncertainty. On Friday, U.S. Secretary of State Marco ...
The South African Reserve Bank (SARB) paused its rate-cutting cycle, keeping the repo rate at 7.50%, as risks stemming from U.S. President Donald Trump's global trade war and the country's ...
(Bloomberg) -- The South African Reserve Bank is set to look past a smaller-than-expected rise in prices last month and keep borrowing costs unchanged while it assesses the impact that US ...
There was no repo rate cut to support economic recovery in South Africa, while the MPC waits to see what the effects will be of the global trade war.
PRETORIA, March 20 (Reuters) - Below are some quotes from South African Reserve Bank Governor Lesetja Kganyago at a news conference to announce the central bank's latest interest rate decision.
The South African Reserve Bank (Sarb) is anticipated to maintain its current interest rate at 7.5% per annum on Thursday, as it takes a measured approach to assess the potential ramifications of ...
Economists predicted that the Reserve Bank would keep the repo rate unchanged due to geopolitical risks and low economic growth in SA. The Reserve Bank has decided to keep the repo rate unchanged ...
The South African Reserve Bank said in its Quarterly Bulletin that the inflows were due to increased equity investment in domestic subsidiaries by non-resident parent companies. Sign up here.
The latest entrant in South Africa’s crowded banking sector aims to break even in 2028. OM Bank, set up by Old Mutual, received its license from the South African Reserve Bank’s Prudential ...
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