Browsing: South African Reserve Bank

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.

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.

A new paper by the Reserve Bank argues that South Africa’s market-driven approach to open banking is limiting in its reach.