A Group of Seven push to spur small business lending in Africa has announced its first deal, with the UK’s British ...

Justice Minister Thembi Simelane appears fixated on explaining that she eventually paid back the suspicious VBS-linked coffee ...

The latest data from ooba Home Loans showed that the average house in South Africa costs R1,458,924. With the price drop, the ...

According to the IIR, the number of overall credit originations (a measure of new accounts opened) increased by 15.2%, as ...

(RTTNews) - China's central bank lowered the rate on medium-term lending facility on Wednesday after unleashing an aggressive monetary easing package on Tuesday. The interest rate on medium-term ...

Despite the Monetary Policy Rate (MPR) remaining flat at 26.75 per cent between July and August 2024 (currently 27.25 per cent), the Nigeria’s banking sector average prime lending rate increased ...

After more than a year of keeping the federal funds rate steady, the Fed on Wednesday made a much-anticipated cut of 50 basis points — or half a percentage point. The adjustment, announced by ...

CHINESE banks maintained their benchmark lending rates for September, as policymakers hold off on further monetary stimulus while financial institutions struggle with record-low profit margins. The ...

The one-year loan prime rate (LPR) was kept at 3.35%, while the five-year LPR was unchanged at 3.85%. In a Reuters survey of 39 market participants conducted this week, 27, or 69%, of all ...

The South African Reserve Bank’s Monetary Policy Committee (MPC) has announced a 25 basis point reduction in the repo rate, bringing it down to 8%. This is the first rate cut since 2020, moving the ...

China on Friday kept its main benchmark lending rates unchanged at the monthly fixing. The People's Bank of China (PBOC) said it would keep the one-year loan prime rate (LPR) at 3.35%, as well as ...