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September 19, 2024

Pravin Gordhan: ‘a humble servant of the people’

President Cyril Ramaphosa on Thursday lauded the late former Minister of Public Enterprises Pravin Gordhan as a “humble servant of the people”.

The President highlighted Gordhan’s immense contribution to South Africa’s freedom and democracy.

Delive…

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Repo rate drops for the first time since 2020

The South African Reserve Bank’s Monetary Policy Committee (MPC) has decided to cut the repo rate by 25 basis points, bringing it down to 8%.

The cut – the first one since 2020 – moves the prime lending rate to 11.50%.

The cut was announced by Rese…

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