Latest articles on Interest Rates
Repo rate cut by 100 basis points
This takes the rate to 5.25% per annum, from 6.25%
Making sense of tax-free savings and investment
Have you made the most of your tax-free investment contributions?
Vocabulary needed to make sense of the new normal
Negative rates are seriously spooking markets. Money managers are used to getting a positive return on their investments
Interest rates likely unchanged until late 2019 – Nedbank
Nedbank Group's Economic Unit forecasted on Monday that interest rates in South Africa will remain unchanged into late 2019
Consumer health improves but consumers are not yet clear— Transunion
The appreciation of the rand, low food inflation and stable interest rates have been positive for consumer confidence.
Surprise interest rate cut
"Although offering consumers relief on interest payments, the cut is the product of stalled economic growth."
Reserve Bank announces surprise interest rate cut
The South African Reserve Bank's surprise decision to cut interest rates by 0.25% offers some reprieve for financially strained South Africans.
Reserve Bank leaves repo rate unchanged, warns of risks to the rand
The MPC decided unanimously to leave the benchmark repurchase rate at 7%.
The role of central banks is changing: What South Africans should look out for
The 2008 financial crisis exposed major gaps in central banks' operations. New features like quantitative easing have since emerged.
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Latest
Locally built ventilators ready in two weeks as Covid cases rise
The companies making the non-invasive devices, which will create jobs and are cheaper than other types, include car and diving manufacturers
Demolition of hope in Hangberg
The City of Cape Town in June twice knocked down structures on land allocated for other purposes. The city says these were not evictions; residents ask why no police are available for rapes and murders
Sassa disses disability grant applicants
Towards the end of level four of the lockdown, Sassa offices reopened for applications for old age pensions and childcare and foster care grants, but not for disability grants
Press Releases
Special Reports
Colgate-Palmolive South Africa donates one million bars of soap
The combination of limited access to quality soap and a lack of knowledge of how to properly wash hands is a challenge in many vulnerable communities
Special Reports
Cheque value bundles – real value
Most people do not pay much attention to what bank account they have and whether or not it is suited to their daily realities
Special Reports
Absa Rewards puts cash in your pocket
In addition to the cash benefits, you will receive special offers and exclusive deals from selected Absa Rewards partners
Special Reports
Municipal audit outcomes reveal public sector financial management must be professionalised
SAICA calls for a review of the mandatory minimum skills and qualifications required for all key financial management positions within the public sector
Special Reports
Eleven ways to protect yourself against fraud
While financial services firms work continuously to improve security, fraudsters are always devising new plans to circumvent the latest safety measures
Special Reports
Security and Compliance Evolution in the Data Revolution
Organisations must adopt a risk-based approach to compliance and rely on technology to mitigate that risk and on people and process controls as well
Special Reports
Covid-19 vs Child Nutrition
Children are being impacted severely across the world because of things such as reduced immunisation as health services prioritise treating Covid-19 cases
Special Reports
MTN’s network innovation sees 5G launched at 100 sites countrywide
MTN South Africa has launched its widely accessible 5G network – the first of MTN’s 21 operations across Africa and the Middle East
