Business

Reserve Bank puts South Africa’s resilience to the test — and likes what it sees

Pretoria – South Africa’s new 3% inflation target could withstand most normal economic shocks, although a combination of severe... Read more

yesterday

Business

SARB holds interest rates at 7% as Kganyago warns of weak growth outlook

Cape Town – The South African Reserve Bank (SARB) has kept the repo rate unchanged at 7%, leaving the... Read more

24 Jul

Business

COSATU march to SA Reserve Bank in Pretoria over ‘high cost of living’

Members of unions affiliated to the Congress of SA Trade Unions (COSATU) marched to the offices of the South... Read more

21 Jun

Business

Ramaphosa hits back at ‘Third World’ label, says SA has a ‘big, loud voice’ globally

Cape Town – President Cyril Ramaphosa has pushed back against descriptions of South Africa as a “Third World” country,... Read more

20 Jun

Business

Reserve Bank raises repo rate by 25 basis points amid global shocks

Cape Town – South Africans will face higher borrowing costs after the South African Reserve Bank (SARB) increased the... Read more

28 May

Business

SARB keeps interest rate steady amid rising inflation from Middle East crisis

Cape Town – The South African Reserve Bank (SARB) has kept its policy rate unchanged at 6.75%, citing caution,... Read more

26 Mar

Business

End of prime? SARB governor Kganyago hints at historic shake-up

DAVOS, Switzerland – South African Reserve Bank (SARB) Governor Lesetja Kganyago signaled potential reforms to the country’s prime lending... Read more

21 Jan

Business

SARB imposes sanctions on Bidvest Bank and HSBC

Cape Town — The South African Reserve Bank (SARB) has issued administrative sanctions on Bidvest Bank and the Johannesburg... Read more

5 Oct, 2024

Business

All fuel grades set to drop by more than R1 in October

Cape Town —Fuel prices for October are nearly finalised, but motorists can expect a drop of more than R1... Read more

30 Sep, 2024

Business

SAFTU calls for interest rate cut as inflation hits three-year low

Cape Town – The South African Federation of Trade Unions SAFTU is urging the South African Reserve Bank (SARB) to... Read more

22 Aug, 2024