The Reserve Bank lends money to banks at the ‘repo rate’, the banks add 3.5% to create the ‘prime rate’ – which we hear when ...
Explore how the prime rate influences consumer loans like mortgages, versus the repo rate's role in managing the money supply ...
Interest rates are likely to edge lower in 2026 as the Fed weighs inflation, jobs and political pressure. See what forecasts ...
On the Johannesburg Stock Exchange, the Top-40 index was up 0.4% in early trading. On Thursday, 15 January, the rand is ...
Discover how banks set loan interest rates, from Federal Reserve policies to market trends and borrower creditworthiness, for ...
Lenders typically price loans using the prime rate as a reference, with premiums or discounts to the measure depending on the ...
As the central bank considers changing the prime interest rate, the financial sector is struggling to explain the ...
South Africa is reviewing the main reference rate commercial banks use to price trillions of rands of loans to clients.
The Competition Commission of South Africa is investigating the prime lending rates, sparking mixed reactions from industry ...
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