The central bank cut its main repo rate by a quarter percentage point as inflation remains low in the midst of continuing ...

South Africa's government borrowing costs dropped to their lowest in five years after the Reserve Bank announced on Thursday ...

Reserve Bank Governor Lesetja Kganyago maintains that a 3% inflation target will be better for South Africa over the long run ...

South Africa's central bank said on Thursday it would now aim for 3% inflation, not 4.5%, despite the finance minister not ...

Ditsobotla Primary Savings and Credit Co-operative Bank Limited has been placed under administration by the Finance Minister.

South Africa’s central bank believes U.S. tariffs will only have a modest impact on the country’s economic growth while leaving its inflation levels broadly unchanged, its governor said on Friday. U.S ...

PayShap is powered by BankservAfrica and supported by South Africa's banks under the Rapid Payments Programme, ensuring ...

Political parties in South Africa are advocating for the establishment of a regulatory body to prevent banks from having it ...

At its 31 July meeting, the SARB trimmed the repo rate by 25 basis points but moved to a stricter 3% inflation target (down ...

This means the repo rate will decrease from 7. 25% to 7%, effectively taking the prime lending rate to the country to 10. 50% ...

A new real-time payment feature that aims to help modernise payment systems and expand financial inclusion was recently ...

With low inflation, the monetary policy committee said it is aiming for inflation to settle at 3% — the bottom of its target ...