Finance
Finance
Finance
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Reserve bank hold rates in July, but the path down remains on pause
The South African Reserve Bank held rates steady, keeping the repo rate at 7% and prime, the rate that sets most home loan repayments at 10.50%.
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SARS achieves record revenue collection of R2.3 trillion
President Ramaphosa announced SARS collected a record R2.3 trillion in revenue, marking a remarkable turnaround from the state capture period.
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NFO Banking division returns R60 million to consumers in 2025
In 2025, the National Financial Ombud returned over R60 million to consumers, showcasing their commitment to fairness and justice.
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Financial pressure drives South Africans to falsify credit applications
More than one in four South Africans believe it’s acceptable to lie about their income when applying for credit, according to a new survey.
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AG lauds Western Cape for excellent financial management
The Auditor-General of South Africa presented the Western Cape with awards to recognise the financial management prowess of the departments, entities and municipalities within the province.
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