Quick explainer: Interest rates and how they affect you
The Reserve Bank has dropped the repo rate to 7.5%. Consequently the prime lending rate has dropped to 11%.... Read more
2 Feb
Reserve Bank cuts interest rate again to revive economy
Johannesburg – South Africa’s central bank cut its interest rate on Thursday for the third consecutive time to revive... Read more
31 Jan
Tito Mboweni: SA minister and Reserve Bank governor who drove significant economic reforms
Roy Havemann, Stellenbosch University Tito Mboweni, former South African Reserve Bank Governor, Minister of Finance, and Minister of Labour... Read more
15 Oct, 2024
Anticipation builds as SA Reserve Bank likely to keep rates unchanged
Cape Town – The South African Reserve Bank is expected to maintain interest rates at its upcoming meeting, despite... Read more
23 Jan, 2024
Reserve Bank hikes interest rates by 50 basis points
Cape Town – The South African Reserve Bank has increased interest rates by 50 basis points, against market expectations.... Read more
30 Mar, 2023
WATCH: What would be the impact of a US ‘digital dollar’?
New York – US President Joe Biden has ordered the federal government to look into creating a digital dollar, a... Read more
10 Mar, 2022
IMF revises SA’s growth forecast from 4% to 5%
Johannesburg – The International Monetary Fund (IMF) has revised South Africa’s growth forecast for 2021 upward by 1%. The... Read more
13 Oct, 2021
