It might not be feasible to amend existing retail contracts, given the scope of products as well as consumer protection laws, the Reserve Bank said in the paper. It recommended a so-called fallback ...

All of the usual factors, notably your risk profile, will still be at play. But the enhanced transparency could conceivably lead to lower rates in some cases as the reform would mean that banks have ...

The SARB's plan to eliminate the prime interest rate in South Africa could have the opposite effect of what it intends.

JOHANNESBURG, Feb 17 (Reuters) - South Africa's central bank wants to scrap the country's prime lending rate as soon as next ...

Will South African borrowers benefit from a clearer and potentially cheaper loan pricing system? Discover how the SARB's proposal to switch from the prime lending rate to the repo rate could reshape ...

While a majority of economists believe the central bank will be cautious in its approach, factors including a stronger rand against a weak US dollar could work in consumers' favour.

The South African Reserve Bank has released its consultation paper on the issue. We interview Roelof Botha, economic adviser ...

South Africa sees ECB repo lines as beneficial for trade with Europe Central bank expects further rate cuts amid slowing inflation Kganyago dismisses BRICS currency without central bank COVENTRY, ...

JOHANNESBURG, Feb 17 (Reuters) - South Africa's central bank wants to scrap the country's prime lending rate (ZAPRIM=ECI), opens new tab as soon as next year to make its main monetary policy rate ...