The Reserve Bank is set to acquire 50% of BankservAfrica – the group it partnered with to launch PayShap, and push cashless payments in South Africa.

BankservAfrica’s CEO Stephen Linnell said their role has always been to provide essential payment services to financial ...

The South African Reserve Bank’s (SARB) upcoming Monetary Policy Committee (MPC) meeting in November 2024 is widely ...

The South African Reserve Bank’s (SARB’s) monetary policy committee (MPC) will meet for the sixth and final time in 2024 on ...

The deal intends to transition BankservAfrica into a national Payments Utility through a collaboration with commercial bank shareholders.

Settlements and payments services platform BankservAfrica intends to transition into a national payments utility through a significant industry collaboration with the South African Reserve Bank (SARB) ...

The late former Finance Minister Tito Mboweni was fondly remembered by politicians, government leaders, family and ex-colleagues.

Grit Real Estate Income Group (GR1T) SARB APPROVAL ON GREA US$100 MILLION RECAPITALISATION 01-Nov-2024 / 11:00 GMT/BST SEM share codes (dual currency trading): DEL.N0000 (USD) / DEL.C0000 (MUR) ...

Lowering South Africa’s inflation target will come with pain and cost and could keep interest rates higher for longer.

MBABANE - For the quarter ended September 30, 2024, the ENPF recorded a total income of E212 411 888, representing an increase of E32 970 680 compared to the previous quarter’s income of E179 441 207.

South African Reserve Bank Governor Lesetja Kganyago reiterated his calls for it to be lowered. “We have an opportunity to ...