JOHANNESBURG - Cost of living continues to crip households in South Africa. This is according to Financial consultancy firm Debt Rescue who painted a bleak financial year ahead. The firm said ...

Stress tests have come under scrutiny after the Silicon Valley Bank’s collapse in March 2023. In a post-mortem report, the Fed said it must strengthen the Federal Reserve’s supervision and ...

The South African Reserve Bank will trim its repo rate next week by a quarter of a percentage point to 7.50% and repeat that in March, but then delay its final 25 basis point cut of the cycle to the ...

The Reserve Bank of India's (RBI) first interest rate cut in nearly five years will not be enough to spur loan growth since the tight liquidity conditions will prevent banks from passing on the ...

DAVOS, SWITZERLAND — The Federal Reserve now needs to be on Trump watch if it wants to engineer the proper dose of monetary policy, according to Bank of America chief Brian Moynihan.

Gift 5 articles to anyone you choose each month when you subscribe. Commonwealth Bank has urged the Reserve Bank to scrap surcharges on debit and credit card payments, amid mounting consumer anger ...

The firm said while any interest rate reduction would bring relief, the sluggish pace of rate cuts projected for 2025 will simply perpetuate the ongoing challenges that many households face. READ | ...

On Wednesday at the World Economic Forum meeting in Davos, Switzerland, South Africa’s Reserve Bank Governor Lesetja Kganyago dismissed the idea of the Government having strategic Bitcoin reserves.

Its weakness has been linked to a global pullback from emerging markets, fueled by US tariff threats and reduced expectations for Federal Reserve rate cuts. Fowkes also emphasised that the central ...

The Federal Reserve has withdrawn from the Network of ... are outside of the Board’s statutory mandate,” the central bank said in a statement on Friday.

Renowned chef Luke Dale-Roberts has passed ownership of his Johannesburg restaurant, The Shortmarket Club, to hospitality entrepreneur Heinz Rynners, marking a new chapter for both. Rynners plans to ...

Johannesburg residents across 50 suburbs will experience a complete water shutdown on Monday as Johannesburg Water conducts critical infrastructure maintenance at the Hector Norris Pump Station.