Tag: South African Reserve Bank

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Less salaries paid in September indicating possible job losses

Business Gypseenia Lion - October 28, 2022

Data indicated that the number of salaries paid this month decreased, which could have been as a result of job losses in the face...

Meat association urges government to reassess import duties on poultry

Business Gypseenia Lion - October 19, 2022

The South African Association of Meat Importers and Exporters (Amie) is calling for a comprehensive review of import tariffs on poultry, claiming that the duties are...

Lending rates to increase at FNB

Business Gypseenia Lion - October 14, 2022

FNB has recently stated that it will increase its prime lending rate by 0.75%. This comes after the South African Reserve Bank’s decision to...

Reserve Bank offers sobering outlook for economy

Business Gypseenia Lion - October 5, 2022

South Africans have, for 2022, seen three significant repo rate hikes: in May, July and September. It’s been raised by a cumulative 200 basis points,...