So, for the banks to perform well, they need to perform the lending function very well, thus the cost of lending (lending rates) determines the profitability of the banks. Since banks’ main source of ...

One of the most effective ways to save money in the long-term is to pay off your home loan (bond) as quickly as possible.

The SA Reserve Bank's monetary policy committee will meet in November - and there's expected to be more GOOD news for South ...

NAIROBI, Oct 8 (Reuters) - Kenya's central bank slashed its benchmark lending rate (KECBIR=ECI), opens ... Worldcategory South Africa asks Taiwan to move its de facto embassy from Pretoria 11: ...

NAIROBI (Reuters) -Kenya’s central bank cut its benchmark lending rate to 12.00% on Tuesday, from 12.75%, the bank’s monetary policy committee (MPC) said, adding that the move was aimed at boosting ...

Uganda’s central bank cut its benchmark policy rate by 0.25 percent to 9.75 percent on Monday in a further sign of subdued inflationary pressures and the spillover effects from softening of monetary ...

NEW YORK - The yen plunged after Japan’s new prime minister, Mr Shigeru Ishiba, jolted currency markets by saying the economy is not ready for another interest rate hike from the central bank.

As a result, South Africa’s FRA (Forward Rate Agreement) curve has factored in a further 25bp cut this year, at South Africa’s November MPC meeting, steepening the curve from early in ...