South Africa’s central bank seeks to replace prime, the main reference commercial banks use to price trillions of rands of loans, with its benchmark interest rate.

Interest-rate cuts could last until September or be spread out until the first quarter of 2027. Some economists even predict ...

JOHANNESBURG, Feb 17 (Reuters) - South Africa's central bank wants to scrap the country's prime lending rate as soon as next year to make its main monetary policy rate the reference point in financial ...

Will South African borrowers benefit from a clearer and potentially cheaper loan pricing system? Discover how the SARB's ...

The South African Reserve Bank wants to scrap the country’s prime lending rate as soon as next year to make its main monetary policy rate the reference point in financial contracts, a discussion paper ...

Stats SA said the year got off to a slightly better start with prices after annual headline inflation dropped to 3.5%.

Changes to debit orders announced by the South African Reserve Bank and the Financial Sector Conduct Authority sharpens a double-edged sword.

The SARB's plan to eliminate the prime interest rate in South Africa could have the opposite effect of what it intends.

While a majority of economists believe the central bank will be cautious in its approach, factors including a stronger rand against a weak US dollar could work in consumers' favour.

South Africa’s central bank governor has downplayed the impact of stablecoins and other digital assets on the international finance landscape, instead prioritising the interlinking of national ...

South Africans looking to work or settle abroad, whether for a few years or permanently, are increasingly trapped in a bureaucratic maze created by the South Af ...

The South African Reserve Bank warned that a lack of comprehensive regulations for crypto assets and stablecoins has emerged as a new risk, posing significant threat to the country’s financial sector.