The Reserve Bank lends money to banks at the ‘repo rate’, the banks add 3.5% to create the ‘prime rate’ – which we hear when ...

The Bank of Japan is expected to raise its growth forecast on Friday and signal its readiness to hike interest rates further, ...

South African banking customers have been paying a prime rate of the repo rate plus 3.5% since 2001. Is it time for a change?

Changing the prime interest benchmark may alter optics and signalling, but it will not reduce borrowing costs in any durable way, writes Stuart Theobald.

On the Johannesburg Stock Exchange, the Top-40 index was up 0.4% in early trading. On Thursday, 15 January, the rand is ...

Amid fluctuating Treasury yields and evolving fiscal directives, the Mortgage Bankers Association highlights a distinct shift ...

A proposed 10% cap on credit card interest rates could restrict access to credit for millions of Americans. Industry experts ...

Maybank Securities sees “net positives” such as higher footfall and stable rental reversions for CBD malls, while Phillip ...

The Competition Commission of South Africa is investigating the prime lending rates, sparking mixed reactions from industry ...

The best low-interest credit cards in Canada can save you money and expedite balance payoff. Here are Forbes Advisor’s picks.

SA is expected to experience further interest rate relief in 2026 as inflation continues to ease and economic growth remains ...

A few days ago, President Donald Trump staked a claim to the "affordability" issue by demanding that banks cap their credit ...