Analysts expect an up to 50 basis points hike this week, with more to follow.
With rising inflation and the recent weakening of the rand against the dollar, experts forecast further rates hikes...From World War 1 to present-day cosmopolitan South Africa and beyond, the Sunday Times has been a pillar in covering the stories that matter to you.
For just R80 you can become a premium member and support a publication that has played an important political and social role in South Africa for over a century of Sundays. You can cancel anytime.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
All the bank branches where you can get your Smart ID and passportHere are all the supported banking branches that allow the renewal of passports or smart IDs across the country.
Read more »
Capitec is the most complained-about bank: Here's what people are moaning aboutCapitec saw the biggest increase in customer complaints in 2022, says Ombudsman for Banking Services (OBS) Reana Steyn.
Read more »
Nigeria: World Bank Advises Govt, States to Stop Payment of Petrol SubsidyThe Country Director of the World Bank, Shubham Chaudhuri, has asked the federal and state governments to consider the financial implications that a continuous fuel subsidy regime could have on their revenues, as the government contemplates the removal of fuel subsidy.
Read more »
Fake nails, fuel and influencers in Kenyan taxman's sights | The Citizen⚠️📉💼 Opponents have cautioned that the proposed measures will have a severe impact on small businesses, which are the backbone of the economy. Full story on TheCitizenNews ⤵️
Read more »
Addressing the education gender gap in AfricaA study by the World Bank shows that while other regions of the world are reducing their out-of-school numbers, the number of girls not attending school in sub-Saharan Africa is increasing.
Read more »
AfDB to Help Out As Zimbabwe's Woes Affect Rest of RegionZimbabwe's President Emmerson Mnangagwa has reassured development partners and creditors that his government is committed to the implementation of key reforms critical to resolving the country's nearly U.S.$8.3 billion of debts and arrears. Mnangagwa was speaking during the high-level debt resolution forum held on May 15, 2023, in the capital Harare. The forum was also addressed by the President of the African Development Bank Dr. Akinwumi Adesina, and the facilitator of the high-level dialogues, former President of Mozambique Joaquim Chissano. It was attended by government officials, development partners, private sector, former farm owners and civil society organizations. Chissano said the crisis in Zimbabwe is having "terrible consequences" for the whole of Southern Africa by delaying the building of roads, railways and power lines. Adesina said the AfDB is collaborating with the government of Zimbabwe on land reform and compensation in order to create cutting-edge financial tools and structures that can be used utilized to mobilise U.S.$3.5 billion for compensation. He issued a warning against future delays that would damage trust and confidence. So timing, responsiveness, and financial sustainability all matter, he explained.
Read more »