News

Falling interest rates can be a double-edged sword. It's great if you're trying to pay down debt, but not so welcome if you ...
Ditsobotla Primary Savings and Credit Co-operative Bank Limited has been placed under administration by the Finance Minister.
The bank’s executives say it has fully recovered after being suspended from the stock exchange in 2014 and is on a mission to ...
While petrol prices drop by 28 cents in August, the sharp increase in diesel costs threatens to worsen South Africa's ...
Reserve Bank Governor Lesetja Kganyago maintains that a 3% inflation target will be better for South Africa over the long run ...
Markets nevertheless cheered the decision, with South African government bonds outperforming and yields at five-year lows ...
South African Reserve Bank (SARB) governor Lesetja Kganyago has allayed fears regarding the negative consequences of US President Donald ...
Pretoria’s Oranjekas Bank faces liquidation as SARB cites insolvency, regulatory breaches, and failed governance. Court hearing set for September.
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 ...
South Africa's Reserve Bank has approved Harmony Gold's acquisition of MAC Copper, with shareholders to vote on the scheme ...
Political parties in South Africa are advocating for the establishment of a regulatory body to prevent banks from having it ...