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 ...
High rates have helped annuity sales, but so have other forces. The world of 5% yields is ending. Warren Buffett's conglomerate unloaded another $900 million worth of shares.
The South African rand softened in early trade on Friday, cooling off after strong gains in a week that saw interest rate ...
The South African Reserve Bank (SARB) kicked off its easing cycle with an expected 25bp cut to the repo rate, refusing to mimic the Fed's 50bp cut from the day before. The decision came on the back of ...
THE South African Reserve Bank (SARB) has been called out for being “too conservative” after opting for the lowest cut in the ...
USD/ZAR slipped lower on Thursday as South African rand firmed further against greenback after South Africas central bank cut ...
South Africa's central bank struck a measured tone after its first rate cut in more than four years on Thursday, saying ...
SARB cut its main benchmark rate by a quarter percentage point to 8%.
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