Nersa has approved a 12.7% tariff hike for Eskom in 2025/26, significantly lower than the utility’s initial request but still a blow to consumers.
With inflation inching up to 3% last December, financiers are anticipating a 25-basis point interest rate cut this Thursday.
SARB Governor Lesetja Kganyago said four members of the Monetary Policy Committee (MPC) preferred this action, while two ...
The National Energy Regulator of South Africa has approved a controversial 12. 74% electricity price hike, prompting strong ...
Energy regulator Nersa on Thursday granted state-owned power utility Eskom an average tariff increase of 12.7%.
These economists have reason to believe that the current rate-cutting cycle will only really continue until mid-2025.
JOHANNESBURG - The South African Reserve Bank (SARB)'s monetary policy committee said it remained concerned about the ...
South Africa's rand gained on Thursday after data showed U.S. economic growth slowed in the fourth quarter, while the South ...
Rising medical aid costs and the talks of the end of tax credits on medical aid contributions could be the breaking point for many South Africans. This is the stark warning from AfriForum, which has ...
Reserve Bank Governor Lesetja Kganyago has announced a 25-basis-point rate cut for South Africa, lowering the prime lending rate to 11%—the third consecutive reduction by the Central Bank. This move ...
Reserve Bank governor Lesetja Kganyago said on Thursday the monetary policy committee had agreed to cut the repo rate by 25 basis points to maintain price stability as inflation remains within the ...
The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with South Africa.