Finance | reserve bank | SARB
End of an era for ATMs in South Africa
The South African Reserve Bank is pushing ahead for its new ATM strategy in South Africa, but further details are still on the way.
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Finance | interest rate | MPC | SARB
Reserve Bank holds interest rates in South Africa
The Reserve Bank’s Monetary Policy Committee has voted to hold interest rates in South Africa.
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Bad to worse for interest rates in South Africa
South Africa’s latest inflation print for June came in higher than expected, not only making an interest rate hike more likely this week, but a bigger hike is also now on the cards.
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Business Opinion | Efficient Wealth | MPC | Nedbank | SARB
Reality check for South Africa
While oil prices are crashing, fuel prices are receding, and market sentiment is turning positive once more, South Africans should not be lulled into a false sense of security.
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Suid-Afrikaners betaal R90 miljard per jaar om met kontant te kan betaal
Pradeep Maharaj, uitvoerende direkteur van die Reserwebank se betaalstelselmoderniseringsprogram, verduidelik wat die bank se betaalstelselmoderniseringsprogram behels, hoe beduidend die gebruik van kontant steeds in Suid-Afrika is, en wat die koste daarvan is om met kontant te betaal.
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Things turn sour for South Africa
South African business sentiment weakened in the second quarter as consumers faced fresh pressures from the Iran war that’s clouded the outlook for inflation and interest rates.
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Annabel Bishop | Finance | interest rate | Investec | SARB
Double blow on the cards for South Africa
Following the SARB’s decision to hike interest rates this week, there is a chance that another hike will follow in July.
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Good news for the rand
The rand has started the week on a stronger footing against major currencies, but the news is bittersweet, as it comes amid market expectations of interest rate hikes on Thursday.
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Finance | interest rate | Investec | MPC | SARB
Interest rate pain expected for South Africa
South Africa is facing multiple interest rate hikes this year, with the first possibly coming in two weeks’ time.
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Rand takes a beating
The South African rand took a knock on Wednesday (29 April) ahead of the US Federal Reserve’s announcement on US interest rates.