Browsing: South African Reserve Bank

Exchange control rests on a 1960s view of money. It now restricts freedom, not capital flight, writes VALR CEO Farzam Ehsani.

Inflation rose by less than expected in May, which analysts said reduced the likelihood of another interest rate hike.

Inflation hit 4% in April as the Iran war lifted fuel costs, prompting the Reserve Bank to tighten monetary policy.

The Reserve Bank has lifted the repo rate by 25 basis points to 7%, citing a sharp jump in fuel prices.

Developer PayInc has acknowledged that fees and inconsistent bank UX have slowed PayShap adoption.

South Africa’s key inflation number hit 4% in April, with fuel prices still rising and interest rate hikes now looking likely.

Capitec CEO Graham Lee has revealed the bank is seeking early access to Anthropic’s Mythos as cyber risks escalate for banks.

South Africa is rebuilding its identity and payments rails, writes Contactable CEO Shaun Strydom. Here’s why it matters.

Sars has unveiled a digital overhaul featuring biometric taxpayer IDs and AI-powered compliance systems.

PayShap will only truly work when it reaches critical mass. Three years in, it’s clear it hasn’t done so. Here’s why.