Retailers are not obliged to accept cash as a means of payment, even though it is defined as legal tender.
Browsing: Sarb
November has been good to South Africa’s rand for the past five years. This time is different.
South African inflation quickened more than expected in October, approaching the upper end of the Reserve Bank’s preferred range.
The Reserve Bank will keep interest rates steady at its 21 September meeting, economists say, with cuts to start next year.
Headline consumer inflation fell more than expected to 4.7% year on year in July from 5.4% in June.
Promoted | What will it take to successfully digitise the economy? A new research report from Entelect has the answers.
Unplanned outages at Eskom’s generating fleet fell to less than 16GW in the past two months, President Cyril Ramaphosa said.
The Reserve Bank decided to halt interest rate hikes on Thursday for the first time since November 2021.
Inflation has fallen below the Reserve Bank’s target ceiling for the first time in 14 months.
Promoted | By leveraging higher interest rates, you have the potential to see returns that outpace inflation.