BUSINESS NEWS - Although economists were positive when the South African Reserve Bank (Sarb) started cutting the repo rate in ...

High interest rate spread in Nigerian banks could potentially drag the country's economy by 20 to 30 percent, adding more ...

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 ...

The MPC is now like a war room girding for Trump’s trade wars, which it sees possibly knocking the rand to R21/dlr and fanning the flames of inflation again.

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.

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.

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.

South Africa's rand gained on Thursday after data showed U.S. economic growth slowed in the fourth quarter, while the South ...