Reserve Bank chooses to hold rates
The South African Reserve Bank (SARB) Monetary Policy Committee (MPC) has elected to hold interest rates.
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The South African Reserve Bank (SARB) Monetary Policy Committee (MPC) has elected to hold interest rates.
Zwelakhe Mnguni went from a job as a security guard to co-founding an asset management company that today oversees around R7.2 billion in assets.
The Johannesburg Stock Exchange (JSE) has reiterated its concern over the staggering R4.5 billion in unclaimed dividends still sitting idle in South Africa.
SARS is gearing up to turn the screws on crypto asset traders using “International Tax Standards”, with local regulatory changes set to come into effect from March 2026.
The rand hit recent highs against the US dollar on Monday (15 September) as prospects for interest rate cuts in the United States sent investors pouring into emerging market bonds.
The Reserve Bank wants to regulate gift cards, allowing them to be issued and used only at a single merchant and making them non-transferable.
Absa’s senior economist has warned that any meaningful interest rate cuts are unlikely before 2027.
A proposed tax amendment could deliver a serious financial blow to schools.
Anyone who has been auto-assessed by SARS is being warned that they could face penalties, refund reversals, or even audits later in the year.