South African Reserve Bank Governor Lesetja Kganyago suggests phasing out the prime interest rate, maintaining that greater ...

Lenders typically price loans using the prime rate as a reference, with premiums or discounts to the measure depending on the ...

South African Reserve Bank (SARB) Governor Lesetja Kganyago has indicated that he favours ending the use of the prime lending ...

South Africa is reviewing the main reference rate commercial banks use to price trillions of rands of loans to clients.

The Governor of the South African Reserve Bank (SARB), Lesetja Kganyago, says he is in favour of ending the use of the prime lending rate to price bank loans, as more transparency is needed for ...

The Reserve Bank is looking to review the prime lending rate used to determine home loans and other debt in South Africa, but ...

SA is expected to experience further interest rate relief in 2026 as inflation continues to ease and economic growth remains ...

Explore how the prime rate influences consumer loans like mortgages, versus the repo rate's role in managing the money supply ...