USD/ZAR slipped lower on Friday as Fed cut interest rates by 50 bps on Wednesday, weakening the dollar boosted the ...
The interest rate for South Africa has been lowered by 25 basis points. This brings the repo rate to 8% and prime rate to ...
The Economic Freedom Fighters (EFF) Member of Parliament, Sinawo Tambo says the Reserve Bank’s Monetary Policy Committee ...
Like the European Central Bank and some others, it started easing ahead of the Fed, cutting in August for the first time in four years. + The **South African Reserve Bank** became the first central ...
First, let’s demystify the term. “Basis points” is just financial jargon designed to make simple things sound complex. One basis point is essentially one one-hundredth of a percentage point. So, 25 ...
Consumers in South Africa and the US could heave a sigh of relief this week after the central banks cut the repo rate.
The South African Reserve Bank (SARB) nudged the main lending rate down to 8% from 8.25%. It is not exactly slashing rates ...
South Africa has faced two major cyber security breaches this year and has been the victim of ongoing cyber abuse over a ...
South Africa’s first interest-rate cut since 2020 quickly divided economists over how much further it will go after making a ...
As traders say, the “trend is your friend,” and technically, Gold is in a strong uptrend in all time frames.
South Africa’s first interest-rate cut since 2020 quickly divided economists over how much further it will go after making a ...
South Africa’s central bank cut its benchmark interest rate for the first time since 2020 on Thursday, joining other nations in reducing borrowing costs as inflation eases. Central banks worldwide ...