The rand and oil prices are trading much higher than in December, leading to the under-recovery. South African motorists have ...

The South African Reserve Bank’s (SARB) Monetary Policy Committee (MPC) has reduced the repo rate by 25 basis points, with ...

The Nersa tariff announcement comes amid ongoing concerns about the financial sustainability of Eskom and the affordability of electricity ...

NERSA’s announcement coincided with the release of interim results by Eskom for the period to September 30, 2024 which showed ...

Reserve Bank Governor Lesetja Kganyago has announced a 25-basis-point rate cut for South Africa, lowering the prime lending rate to 11%—the third consecutive reduction by the Central Bank. This move ...

Nersa has approved a 12.7% tariff hike for Eskom in 2025/26, significantly lower than the utility’s initial request but still a blow to consumers.

With inflation inching up to 3% last December, financiers are anticipating a 25-basis point interest rate cut this Thursday.

The hawkish tone of the Reserve Bank governor and the Monetary Policy Committee does not bode well for the repo rate in 2025.

Energy regulator Nersa on Thursday granted state-owned power utility Eskom an average tariff increase of 12.7%.

These economists have reason to believe that the current rate-cutting cycle will only really continue until mid-2025.

JOHANNESBURG - The South African Reserve Bank (SARB)'s monetary policy committee said it remained concerned about the ...