Brent crude oil has risen over 7% in the past 24 hour amid the ban on Russian oil.
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Reserve Bank to list African Bank after investors’ offers disappointThe Bank said it concluded that none of the investors interested in African Bank would be suitable to acquire its 50% stake in the lender
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Reserve Bank participates in landmark digital currency projectProject Dunbar explored how a common platform for multiple central bank digital currencies could enable cheaper and safer cross-border payments
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MONETARY POLICY: SA Reserve Bank poised to hike repo rate this week to douse inflationary flamesThe Monetary Policy Committee of the South African Reserve Bank will almost certainly hike its key repo rate on Thursday, 24 March, in the face of surging food and fuel price pressures. The only question is by how much.
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Standard Bank uses digitisation to simplify international payments in South AfricaStandard Bank, Africa’s largest bank by assets, has introduced Inward Telegraphic Transfers (ITTs) to its Internet Banking platform, offering a convenient, simple and fast way to process incoming funds from beyond South Africa’s borders.
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