South Africa welcomes 1st small interest rate cut in 4 years
South Africa central bank joins easing club with 25 basis point rate cut
South Africa's central bank struck a measured tone after its first rate cut in more than four years on Thursday, saying although inflation had fallen faster than expected there were still risks to the outlook.
Interest Rate in South Africa: Changes Bring Relief for SMEs
The interest rate for South Africa has been lowered by 25 basis points. This brings the repo rate to 8% and prime rate to 11,5%.
Interest rate cut: GOOD news for homeowners in South Africa
There was good news for South Africans entering the property market as well as those paying off bonds when the SARB cut the interest rate.
South Africa to cut rates on Sept. 19 for first time since COVID-19 response
The South African Reserve Bank will cut its repo rate by 25 basis points to 8.00% at its Sept. 19 meeting as slowing inflation opens the door to easier policy for the first time since its COVID-19 response over four years ago,
Good news keeps coming for inflation and interest rates in South Africa
Analysts, business people, and trade unions have all lowered their inflation expectations for 2024 to 2026—fueling hope for interest rate cuts next week.
South Africa Is First Country to Lower Rates After Fed Cut
SARB cut its main benchmark rate by a quarter percentage point to 8%.
South Africa Seen Sticking to Modest Rate Cut Despite Fed Cut
The South African Reserve Bank will likely lower interest rates by 25 basis points on Thursday, despite a larger-than-expected overnight move by the Federal Reserve as it turns the screws on inflation.
The South African on MSN2h
BREAKING: Fraud-accused Eskom contractor Michael Lomas lands in SA
Michael Lomas has landed in South Africa to face corruption charges related to the construction of Kusile power station.
BREAKING NEWS: Wanted fugitive Michael Lomas accused of R1,5billion Eskom fraud, extradited and lands in SA on Friday
Michael Lomas who faces allegations of fraud and corruption at power utility Eskom amounting to almost R1,5 billion was ...
richest2h
Long weekend loading for South Africans?
South Africans will no doubt have eye-balled the calendar for September and noticed that the next public holiday falls next ...
South Africa to introduce points-based system for work permits and nomad visas in 30 days
South Africa will introduce a points-based system for work visas and permits, allowing remote workers to live in the country ...
The South African on MSN20d
BREAKING: Good news for Springbok fans watching on SABC
SuperSport and SABC have agreed to a once-off partnership to celebrate 30 years of democracy at the iconic Test between the ...
South Australian No.8 licence plate sells for a record-breaking $2.3 million price
A rare South Australian licence plate has sold for $2.3 million, setting a new state record for the most expensive sale of a ...
Travel News6mon
South Africa Tourism News
“It is with great pleasure that we introduce our newest offerings nestled within the prestigious Steyn City residential lifestyle estate. These additions to our portfolio mark our dedication to ...
The Herald-Zimbabwe1d
SA man gets six life terms for raping, killing Zim women
Sifiso Mkhwanazi (21), who was convicted of killing six Zimbabwean women who were commercial sex workers in Johannesburg, was ...