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Modernising and regulating SA’s payments industry

Modernising and regulating SA’s payments industry

In the second half of 2022, the South African Reserve Bank (SARB) announced it has its sights set on stricter regulations for the South African payments ecosystem “to ensure financial stability in a world of increasingly innovative and disruptive...
How rising interest rates could affect your finances

How rising interest rates could affect your finances

The South African Reserve Bank’s (SARB) Monetary Policy Committee (MPC) announced a hike in the repo rate by another 50 basis points (bp) on Thursday to 4.75%, which is largely in line with analysts’ expectations. This brings the prime rate to 8.5%. In November, and...
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