[ALERT] Reserve Bank raises repo rate 25 basis points to 6.75%
The repo rate has been at 6.5% since March this year when it was cut by 25 basis points.
Cash-strapped South Africans brace for interest rate announcement
South Africans have been hit hard by increased fuel prices and a rising cost of living, but economists agree there are a few signs that the worst may be over.
Denise Ganas vows to continue fighting Momentum despite premium payout
The insurance company has come under fire for declining to pay R2.4 million to Nathan Ganas' family, saying he failed to disclose his health condition before his death.
Economists warn UK may be hit by recession in Brexit deal
There has been a sharp decline in the value of the pound with the rand strengthening to 17.97 to sterling on Friday.
Fitch keeps ratings of SA’s major banks unchanged
The banks all have the same rating as Fitch says this reflects the overall outlook for the country.
Court rules interviews for NPA head be open to the public
R2K has taken the matter to court, saying the media must be allowed to have access to the decision-making process.
Nigerian govt confident about investment despite HSBC, UBS exit
The Nigerian government says it's confident of reaching a settlement with MTN after accusing it of suddenly withdrawing a large amount of foreign capital out of the country.
Fitch expresses concerns following Mboweni’s MTBPS
The agency has given its verdict on the budget speech, presented by the minister on Wednesday.
Fitch notes Mboweni lowered SA revenue projections to be more realistic
The agency has given its verdict on the mid-term budget speech presented by Finance Minister Tito Mboweni on Wednesday.
Mboweni: Money was lost at VBS Bank due to pure greed
The Reserve Bank released a report titled The Great Bank Heist which details how R1.8 billion was brazenly looted from the mutual bank.
South Africans respond to Mboweni tweet on MTBPS
The minister called for ideas for the budget and thousands of South Africans then responded.
MTN set to challenge Nigerian court decision over illegal funds transfers
A hearing in the court case between MTN and the central bank has been set for 30 October.
Moody's expected to release SA credit rating after MTBPS
The agency was expected to release its rating on Friday night but instead opted not to.
Moody's delay SA’s credit rating announcement
The ratings agency was expected to make the announcement on Friday but has not revealed when the next announcement will be
Rand, markets boosted by Mboweni appointment as Finance Minister
The banking index strengthened by about one percent after the announcement with economists saying there was a clear thumbs up from the markets.
Rand surges following Mboweni’s appointment as finance minister
The rand has been under pressure for the past few weeks with ratings agencies Moody's and Fitch citing continued political uncertainty.
President Ramaphosa confirms Tito Mboweni as new Finance Minister
The president has faced mounting calls to axe Nhlanhla Nene after he apologised on Friday for holding a series of meetings with the Guptas at their home and business.
Some economists give stimulus, recovery plan thumbs up
President Cyril Ramaphosa announced the plan on Friday, saying that measures were being taken to reduce the cost of doing business in the country.