The SA Reserve Bank has cut the repo rate by 100 basis points, or one percentage point. This brings SA's...
Bank
Africa’s creditors may have to consider freezing debt to allow countries on the continent access to billions of dollars in...
The Central Bank of Kenya has temporarily suspended Absa Kenya's foreign exchange dealer licence for seven days over a failure...
South Africa is turning to international lenders to help cover the costs of a steep recession and a rapid deterioration...
Gallo Images South African banks now have around R540 billion extra in theoretical leeway to grant loans during the Covid-19...
National Treasury's application for a $1 billion loan from the New Development Bank to fight the impact of the Covid-19...
The Reserve Bank's Prudential Authority has advised banks not to distribute ordinary dividends, and for bonuses to senior executives to...
South Africa's economy may contract by between 2{e93887a69cdd95d753f466db084bbc3aa0067124675315461d28d68a72842cc2} and 4{e93887a69cdd95d753f466db084bbc3aa0067124675315461d28d68a72842cc2} this year as a result of the coronavirus pandemic, the...
Rand Merchant Bank urged South African lenders and other finance firms to adopt a more coordinated approach with the government...
South Africa’s banking regulator has published proposals to drop the minimum capital requirements and compulsory reserve funds for lenders to...
