The South African Reserve Bank's Monetary Policy Committee (MPC) surprised financial markets by delivering its biggest increase in borrowing costs in almost two decades and signaled a faster pace of hikes through next year.
Economists say South Africans should expect big rate hikes to continue; SARS goes after failed crypto scheme for millions owed in tax; Mbalula promises to have SA's rail corridors up and running by September; and former president Thabo Mbeki warns…
Facebook parent Meta Platforms is changing the way it shows users posts and videos on its flagship social network, part of an effort to get people to watch content from accounts they don’t already follow and better compete with the…
South Africa’s power utility Eskom Holdings SOC Ltd could run coal-fired stations for years longer than originally planned to allow more renewable power to be built as the country transitions to a greener energy mix.
The South African Reserve Bank’s (SARB) Monetary Policy Committee (MPC) on Thursday (21 July), hiked the repo rate by 75 basis points to 5.5% – taking the prime lending rate to 9% – making financing a home more expensive.
The South African Reserve Bank’s Monetary Policy Committee (MPC) has voted to hike interest rates by 75 basis points, taking the repo rate to 5.50% per annum.
South Africa’s government wants to start accessing some of the $8.5 billion in climate financing pledged by some of the world’s richest nations by early 2023, the head of its negotiating team said.
Part of South Africa’s national woes includes the significant shortage of skilled workers in critical industries, says Craig Comrie, chief executive officer of the medical scheme Profmed.
Power utility Eskom says it hopes to suspend load shedding from Monday, 25 July, which would bring to an end over a month of continuous rolling blackouts.
BCX executive for business development Rebatho Madiba meets with Michael Avery to discuss the latest technologies and innovations in the financial services sector.
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