The Prudential Authority, which operates under the South African Reserve Bank (SARB), has issued administrative sanctions against HBZ Bank Limited, Citibank, and the Bank of Taiwan for failing to comply …
South Africa’s financial markets opened on a nervous note Friday morning, as the rand and government bonds came under sharp pressure following Israeli military strikes on Iran. The heightened geopolitical …
The South African rand showed modest gains in early trading on Thursday, edging higher as investors awaited key mining production figures. At 06:45 GMT, the rand traded at 17.7150 against …
The South African rand opened weaker on Tuesday morning as financial markets turned their focus to the upcoming interest rate decision by the South African Reserve Bank (SARB),the rand was …
Inflation in South Africa rose slightly in April 2025 due to higher food prices, although it remained below the central bank’s official target range. This is according to new data …
The South African rand lost a bit of ground in early trading on Thursday, May 8, as traders waited for the country’s latest manufacturing output figures. According to market data, …
The SA Reserve Bank on Thursday raised its main lending rate by 75 basis points to 6.25%, for the second meeting in a row. Three members of the monetary policy …
SARB, The South African Reserve Bank has imposed R35 million in fines on Nedbank for failures that included not reporting cash transactions of large amounts and shortcomings in record-keeping. The …
The South African Reserve Bank (SARB) is making steady progress in its investigations around a central bank digital currency, says deputy governor Kuben Naidoo. Speaking in PSG’s latest Think Big …
The South African Reserve Bank is set to introduce new regulations around trading cryptocurrency in the country in the next 12-18 months, says deputy governor Kuben Naidoo. Speaking in PSG’s …