Reserve Bank raises interest rate to 6.75%
South Africa's repo rate has been raised by 50 basis points in an effort to counter the rand's slump.
South Africa's repo rate has been raised by 50 basis points in an effort to counter the rand's slump.
Sars commissioner Tom Moyane has defied the finance minister regarding the tax collections agency's restructuring plans.
Poaching levels might have dropped in South Africa, but the number of rhino killed across the continent has hit record levels.
With South Africa facing the very real possibility of a recession this year, every policy decision becomes extremely difficult for the Reserve Bank.
All eyes are on the SA Reserve Bank's policy meeting today, where many forecast a repo rate hike of up to 50 basis points to be announced.
Many people dismiss the idea of free, quality public university education out of hand, but there are many ways to make it happen.