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 ...

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.

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 ...

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 ...

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

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

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 ...

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