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

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

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

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

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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 ...

Due to unique trade and domestic challenges faced by South Africa, it could soon lose its crown position as Africa’s largest ...

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 ...

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

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

The South African Reserve Bank (SARB) has reduced the repo rate by 25 basis points to 7%. It comes into effect from August 1. This decision was announced ...