Browsing: SARB

The South African Reserve Bank (SARB) has established South Africa’s first deposit insurance body to protect bank depositors and bring…

The SA Ministry of Finance has placed Habib Overseas Bank Limited (Habib Overseas Bank) under curatorship owing to governance, compliance,…

 PayShap, South Africa’s first low value, interbank, real-time digital payments service, has been launched in the country. It is currently…

Network International, a Middle East and Africa’s digital payment company, has announced that its cloud-based, integrated payment suite for merchants,…

The repurchase rate (repo rate) in South Africa reached 7% after the SA Reserve Bank’s (SARB) Monetary Policy Committee (MPC)…

The South African Reserve Bank’s Monetary Policy Committee (MPC) has hiked the repurchase rate (repo rate) by 75 basis points.…

South Africa could avoid possible greylisting if it implemented recommendations in the Financial Action Task Force (FATF) mutual evaluation report.…

The South African Reserve Bank (SARB) announced plans to begin regulating cryptocurrencies in 2023, treating them as financial assets rather than as…

The SA Reserve Bank (SARB) is likely to again increase its interest rates next week, say economists at the Bureau…

This week, South Africa completed its proof-of-concept, Project Khokha 2, for its looming Digital Rand, which included a decentralised trading platform,…