The South African Reserve Bank has hiked interest rates once again, here's how much more you will pay on your bond this month.
The Reserve Bank has voted to raise the interest rate in its first MPC meeting for the year.
Reserve Bank makes it clear that it will keep using rate hikes to keep inflation under control.
The South African Reserve Bank, among other Sub-Saharan central banks, have met to discuss how to improve payment systems in the region with digital currency as one of the hot topics.
South Africa's financial sector has taken another huge step towards modernising the country's payment ecosystem with the adoption of a new global messaging system, says the South African Reserve Bank (SARB).
The South African Reserve Bank (SARB) has seized assets belonging to former Steinhoff CEO Markus Jooste.
As economists expect another 75 basis point increase to already high-interest rates, the South African Reserve Bank (SARB) governor Lesetja Kganyago gives insight into what is forcing their hand.
Kganyago emphasised the Reserve Banks' commitment to tightening monetary policy in a way that best suits domestic consumers and foreign investors.
The South African Reserve Bank reported that both domestic consumer and producer price inflation increased further into the second quarter of 2022, with headline consumer price inflation reaching a 13-year high.
The South African Reserve Bank's (SARB) Monetary Policy Committee (MPC) is set to hike interest rates on Thursday (22 September) this week in an attempt to support the rand and control inflationary forces.
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