Inflation hit 4% in April as the Iran war lifted fuel costs, prompting the Reserve Bank to tighten monetary policy.
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The Reserve Bank has lifted the repo rate by 25 basis points to 7%, citing a sharp jump in fuel prices.
Anthropic will brief central bankers around the world on cyber vulnerabilities its new Mythos model has uncovered.
The Reserve Bank held its repo rate at 6.75% as the Iran war threatens to push inflation sharply higher.
A sharply weaker rand and surging global chip prices are set to push tech costs sharply higher in South Africa.
The rand has tumbled below R16.90/$ as investors dump risk assets amid the unfolding crisis in the Middle East.
As public finances begin to steady, a digital backbone for future growth is taking shape in South Africa.
The Reserve Bank has released a position paper outlining how it intends modernising the payments ecosystem.
Montegray Capital chairman Michael Jordaan said this week that South Africa has more important short-term priorities.
DA federal chair Helen Zille is bullish about bitcoin but has said it shouldn’t be used in South Africa’s strategic reserve.