Finance

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SA Reserve Bank proposes replacing prime lending rate with policy rate as benchmark for loans

The South African (SA) Reserve Bank (SARB) has proposed phasing out the prime lending rate and using its policy rate as the benchmark for retail and commercial loans from 2027.

Africa Business Forum 2026 focuses on financing jobs, innovation for the continent’s future

The 2026 Africa Business Forum concluded in Addis Ababa on Tuesday.

Mozambique needs fiscal consolidation as financing problems mount: IMF

An IMF team, led by mission chief Pablo Lopez-Murphy, visited Maputo in November.

Consumers assured dairy products safe despite FMD outbreak: Milk SA

Milk SA has welcomed the President’s declaration saying it will enable the mobilisation of additional government resources.

SA power company Eskom’s 6% pay offer rejected by unions

Two of SA’s biggest trade unions have rejected an improved 6% salary increase offer from state-owned power utility Eskom

Youth unemployment rises as overall joblessness falls slightly: Stats SA

Youth unemployment edged up by 0.1 percentage point to 43.8% in the fourth quarter of 2025

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SA Reserve Bank proposes replacing prime lending rate with policy rate as benchmark for loans

Africa Business Forum 2026 focuses on financing jobs, innovation for the continent’s future

Mozambique needs fiscal consolidation as financing problems mount: IMF

Consumers assured dairy products safe despite FMD outbreak: Milk SA

SA power company Eskom’s 6% pay offer rejected by unions

Youth unemployment rises as overall joblessness falls slightly: Stats SA

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