The interest rate for South Africa has been lowered by 25 basis points. This brings the repo rate to 8% and prime rate to ...

First, let’s demystify the term. “Basis points” is just financial jargon designed to make simple things sound complex. One basis point is essentially one one-hundredth of a percentage point. So, 25 ...

Consumers in South Africa and the US could heave a sigh of relief this week after the central banks cut the repo rate.

The South African Reserve Bank (SARB) nudged the main lending rate down to 8% from 8.25%. It is not exactly slashing rates ...

South Africa has faced two major cyber security breaches this year and has been the victim of ongoing cyber abuse over a ...

South Africa’s first interest-rate cut since 2020 quickly divided economists over how much further it will go after making a ...

Kganyago himself gave little away on how much further rates would ease, though he didn’t sound impressed by calls for bolder ...

Here's how much it will now cost to finance the AVERAGE bond in South Africa following the SARB's decision to cut the ...

High rates have helped annuity sales, but so have other forces. The world of 5% yields is ending. Warren Buffett's conglomerate unloaded another $900 million worth of shares.

The South African Reserve Bank (Sarb) cut the benchmark repo rate to 8% and raised its growth outlook, citing increased ...

The following scheduled economic event, company announcement, equity and currency market moves may affect South African markets on Friday. ECONOMIC EVENTS South Africa’s government will hold its ...

Monetary Policy Committee (MPC) yesterday (19 September) announced a 0,25 basis point cut, taking the interest rate down to 8%, with the prime lending rate now set at 11,50%. This cautious approach ...