Zuko Komisa Image: SA Reserve Bank SA Reserve Bank says repo rate remains unchanged at 8.25%. There was a slight sigh of relief as the South African Reserve Bank Governor Lesetja Kganyago announced that the repo rate remains unchanged at 8.25%. As inflation continues to move downward, dropping to a 20-month low in June and staying below the Bank's 3%-6% target range, the SA Reserve Bank left the repo rate […]
Zuko Komisa ZAR banknotes and coins/ Pexels Repo rate announcement to be made on Thursday. South Africans will be waiting with bated breath to hear the South African Reserve Bank (SARB)'s decision on what the new repo rate will be. The repo rate refers to the rate at which the South African Reserve Bank lends money to private banks, it also dictates how much people pay on existing loans for (credit […]
Image | SARB - ZAR Notes SARB launches SA's first deposit insurance body, covering up to R100K. The South African Reserve Bank (SARB) has established South Africa’s first deposit insurance body, the Corporation for Deposit Insurance (CODI), to protect bank depositors and bring further confidence to a resilient financial sector. Listen to analysis on Kaya Biz with Gugulethu Mfuphi. The Corporation for Deposit Insurance (CODI) is South Africa's first deposit […]
Homeowners were dealt a new blow on Thursday, 30 March when the South African Reserve Bank (SARB) announced its decision to hike the interest rate by a shocking 50 basis points. While some economists were expecting a 25 basis point increase, the Reserve Bank blamed a number of factors for the increase, including loadshedding. https://twitter.com/SAReserveBank/status/1641428929268404226?s=20 Lesetja Kganyago, Reserve Bank Governor said inflation pressures remain risky, adding that loadshedding is pushing […]
By Zuko Komisa The South African Reserve Bank has announced that the repo rate has been raised by 25 basis points. Lesetja Kganyago, the governor of the South African Reserve Bank, made this announcement on Thursday following a meeting of the Monetary Policy Committee (MPC). The new prime lending rate is going to be 10.75%. According to him, load shedding is having a negative impact on the economy, raising major […]
By Zuko Komisa Another interest rate hike is expected on Thursday, experts say. The Monetary Policy Committee (MPC) of the South African Reserve Bank (SARB) will convene this week and make an announcement regarding interest rates on Thursday (26 January). According to Business Tech, 19 out of 20 economists, academicians, and analysts surveyed by Finder's poll have predicted a rate increase A third (33%) of the panel predicts only a […]
By Zuko Komisa The South African Reserve Bank increased interest rates by 75 basis points, bringing the repo rate back to pre-Covid-19 levels at 6.25% annually. Three members voted in favour of the already announced 75 basis point rate increase, while two members favoured a rate increase of 100 basis points. This rate increase of 75 basis points is the second one in a row. Also Read: The Real Housewives […]
By Zuko Komisa Members of Parliament (MPs) are asking the South African Reserve Bank (Sarb) for information regarding its inquiry into the allegedly stolen US dollars from President Cyril Ramaphosa's Phala Phala game farm. The Standing Committee on Finance wanted an update from the nation's central bank on whether any exchange control policies may have been broken by Ramaphosa. Also Read: Why bottling things up is not good in a […]
By Zuko Komisa The South African Reserve Bank (SARB) has announced that repo rate for South Africa has increased by 75 basis points (bps), which is the largest increase since September 2002. As a result, the prime lending rate for commercial banks in SA will rise to 9%. The news follows an announcement by Stats SA, which recorded the annual consumer price inflation at 7.4% for June - the highest […]
The World Show is informative, expansive, and largely pan-African. This is a musical journey that bridges generations and genres, travelling across continents and timelines, with in-depth interviews and features. ‘The World Show’ is a four-hour global journey through sound – featuring the freshest tracks from home and afar.
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Real. Familiar. Memorable. Kaya 959 brings you the music you know and love from our playlist. Uninterrupted. Thursdays 20h00 to 21h00
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He has held it down in the world of mid-morning radio with the best music, riveting topics, brilliant mixes and interesting guests. Every weekday, The Best T proves why he is the BEST by connecting to you like only your bro or favourite uncle could. He lets his listeners dictate the songs they want to hear in the ever-popular Top 10 at 10, and his Three Teaspoons never run out. Catch The Best T in the City Mondays to Fridays from 09h00 to 12h00.
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Feel good about feeling good! That's exactly what The Feel-Good show is about. An escape from the negativity that surrounds us, indulging you in good feels. Pass it on to one and all. Spread the good feeling around Gauteng with Andy Maqondwana.
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The world of business is simplified for you by Kaya Biz with Gugulethu Mfuphi. This fast-paced award-winning business show talks to the corporate giants as well as up and coming entrepreneurs about their wins and challenges. Gugulethu invites guests to offer their analyses of markets and economies, and also delves into issues of personal financial wellness. Kaya Biz airs Mondays to Thursdays 18h00 to 19h00.
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Point of View with Phemelo Motene delves into the day’s current affairs, touches on real issues that affect people’s daily lives and shares expert advice on questions posed by the audience. Mondays to Thursdays 20:00 to 22:00.
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