Zambian kwacha gain value over South African rand
The Zambian kwacha currency is now stronger than the South African rand, with figures showing one Zambian kwacha was worth R1.15 around 09:20 on Friday.
South African Reserve Bank
South Africa increases repo rate by 75 basis points to combat inflation
The South African Reserve Bank raised the repo rate by 75 basis points to 6.25% on a Thursday in a move that has received mixed reactions.
South African Reserve Bank expected to increase repo rate
South African Reserve Bank Governor Lesetja Kganyago is expected to raise the repo rate on Thursday afternoon, with the only question being by how much.
South African Reserve Bank increases repo rate to 4%
JOHANNESBURG - South African Reserve Bank has increased its repo rate by 25 basis points to 4% according to the announcement by Reserve Bank Governor Lesetja Kganyago.