Lenders typically price loans using the prime rate as a reference, with premiums or discounts to the measure depending on the ...

South Africa is reviewing the main reference rate commercial banks use to price trillions of rands of loans to clients.

South African banking customers have been paying a prime rate of the repo rate plus 3.5% since 2001. Is it time for a change?

South Africa’s banking sector is set for its biggest shakeup in a generation as insurance groups, fintechs and retailers look ...

The South African Reserve Bank held its main repo rate at 7.5% on Thursday, as tensions with the U.S. continue to rise amid escalating global uncertainty. On Friday, U.S. Secretary of State Marco ...

The three major QR code payment platforms in South Africa are Masterpass, SnapScan, and Zapper. Unless a merchant provides QR ...

The South African Reserve Bank cut its main repo rate by 25 basis points to 7.25% on Thursday, as tensions with the U.S. continue amid ongoing global uncertainty. Earlier this month, South African ...

The South African Reserve Bank (SARB) has dismissed claims circulating online about a supposed new regulation requiring banks to report card withdrawals over R10,000 to the South African Revenue ...

JOHANNESBURG (Reuters) -South Africa's longer-term inflation expectations fell to their lowest level on record, a quarterly survey showed on Monday, after the central bank said it would aim for a ...

JOHANNESBURG--The South African Reserve Bank cut its main repo rate by 25 basis points to 7% on Thursday, as inflation remains low in the midst of continuing global uncertainty. The decision continues ...