The South African central bank's decision to lower its inflation target on Thursday without the sign-off of the finance ...

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

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

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

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

As the SA Reserve Bank prepares for its interest rate decision on July 31, economists discuss the potential for a rate cut ...

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

Elsewhere Du Preez puts the exposure of South African lenders at the time at about R28.8-billion. It seems the Reserve Bank was alive to the systemic risks and supported efforts to save the company.

South African Reserve Bank Governor Lesetja Kganyago said inflation could fall below 4% in coming months, creating more room for action after officials cut interest rates in September.

The South African Reserve Bank cut its main repo rate by 25 basis points to 7.25% on Thursday, as tensions with the U.S. continue amid ongoing global uncertainty.