Nersa has approved a 12.7% tariff hike for Eskom in 2025/26, significantly lower than the utility’s initial request but still a blow to consumers.
With inflation inching up to 3% last December, financiers are anticipating a 25-basis point interest rate cut this Thursday.
The South African Reserve Bank is set to lower borrowing costs by another frugal 25 basis points on Thursday while warning that uncertainty around US monetary and trade policies may hinder future cuts ...
The South African Reserve Bank (SARB) announced its decision Thursday, 30 January 2025, to lower its repo rate by 0.25. Consequently, FNB confirms that it will reduce the rate on […] ...
The hawkish tone of the Reserve Bank governor and the Monetary Policy Committee does not bode well for the repo rate in 2025.
Cutting the key central bank rate is expected to lower the cost of borrowing as commercial lenders use it as a base onto which they load their margins and risk profile of individuals when ...
Energy regulator Nersa on Thursday granted state-owned power utility Eskom an average tariff increase of 12.7%.
These economists have reason to believe that the current rate-cutting cycle will only really continue until mid-2025.
The South African Reserve Bank’s (SARB) Monetary Policy Committee (MPC) has decided to reduce the repo rate by 25 basis ...
Reserve Bank Governor Lesetja Kganyago has announced a 25-basis-point rate cut for South Africa, lowering the prime lending rate to 11%—the third consecutive reduction by the Central Bank. This move ...
Reserve Bank governor Lesetja Kganyago said on Thursday the monetary policy committee had agreed to cut the repo rate by 25 basis points to maintain price stability as inflation remains within the ...
We noted a further improvement in profitability of companies and that just really gives a better environment for salary increases; a better ability for companies to afford better salary increases,’ ...