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Tag: Reserve Bank

Rand softens ahead of SA Reserve Bank rate decision

The rand weakened against the dollar on Thursday morning ahead of the South African Reserve Bank (SARB) rate decision later in the day. At lunchtime on Thursday, the rand was trading at...

Here’s what the rate hike means for your home loan

For home-owners with bonds, the interest rate increases announced by the Reserve Bank on Thursday (22 November) will add at least R16.60 per R100,000 borrowed to their monthly repayment, according to...

Will the new Finance Minister bring some stability to SA’s finances?

The Cape Chamber of Commerce and Industry hopes that the appointment of the former Governor of the Reserve Bank, Tito Mboweni, as the new Finance Minister will bring some stability to...

Viceroy says the Reserve Bank is wrong about Capitec

Viceroy Research has decided to double-down on its damning report issued against Capitec last week, and believes that the South African Reserve Bank is mistaken in showing continued support to the...

Reserve Bank sets up 3-man fintech group

The rapid development of financial technology (fintech) has seen the SA Reserve Bank establish a three-person fintech unit with the aim of assessing emerging technologies. The unit reports directly to...

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Government sets up demerit system for drivers

The Organisation Undoing Tax Abuse (Outa) plans to challenge the constitutionality of the Administrative Adjudication of Road Traffic Offences Amendment Act and expressed concern...

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