South Africans to pay more on their debt repayments as Sarb hikes interest rates
As of Friday, the repo rate will be 7.25%, while the prime lending rate will be 10.75%
News
2 725 stories from 13 South African publishers, refreshed through the day. Every story is the publisher’s own — read it on their site, talk about it here.
As of Friday, the repo rate will be 7.25%, while the prime lending rate will be 10.75%
The Reserve Bank might hike interest rates to control the prices of goods and services
Standalone refund system promises greater visibility, with both users and sellers required to register.
Dr Salomo Mbai, director of the Agricultural Trade Policy Institute at the Namibia University of Science and Technology, spoke to Clayton Swart about the opportunities he believes could shape Namibia’s next agricultural frontier.
Running a business means constantly making financial decisions. Can you afford to hire someone? Is there enough cash for a new piece of equipment? Can…
The lender says it is looking to cut costs.
Sarb will announce its next interest rate decision on 23 September 2026.
Finance minister says there is a three-year plan to fix the metro.
Fiscal anchor legislation to be detailed in the mid-term budget - and national departments have been told to settle their debt with municipalities or face 'engagement'
DG warns finance minister might withhold municipal equitable share transfers in December.
Capitec was fined R28 million.
Higher long-term interest rates are also likely.
The mining and quarrying industry recorded the largest decrease.
Could investing in employee health and wellbeing put year-end function budgets to better use?
Competition Commission's Cost of Living Report confirms that consumers face escalating costs - with water and electricity rising way above inflation.
The loan will support electricity, water supply and sanitation, and solid waste management in eight metros.
South African businesses in the ICT sector tend to hit a wall when it comes to cash flow: their outgoings typically leave before they get…
That may be good for Sasol and some coal producers, but freight operators - and ultimately consumers - will carry much of the cost.
Commit to the country but demand 'level playing field' domestically.
Artists understand this feeling better than anyone else: people look at your creations, compliment the skill it took to create, and then ask what your…
If growth is above 3%, the economy will have a better chance of reducing the existing pool of unemployed people.
South African regulators are constantly looking for ways to improve existing policies. This has been happening in the country for a while to ensure fairness…
Sars loses between R200 billion and R300 billion annually in uncollected tax revenue due to the illicit trade economy.
The informal economy is becoming the shock absorber for what is happening in the formal economy
Inflation is still higher than Sarb's target of 3%, which can result in the MPC hiking the repo rate in September.
This follows a one-year extension that came into law in February 2026.
Running a business is exciting when you think of all that can be accomplished. From launching a new product or expanding your current offerings, the…
At the centre is Eskom's restructuring and unbundling.
On 11 August, DHL, Standard Bank, MTN, Wesgrow and the dtic signed a memorandum of understanding to formalise the multi-partner launch of the GoTrade platform.…
'It is clear that this government doesn't have a plan to improve the living conditions of citizens.'