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.

Explore how the prime rate influences consumer loans like mortgages, versus the repo rate's role in managing the money supply ...

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 ...

South Africa is reviewing the main reference rate commercial banks use to price trillions of rands of loans to clients.

These are today's HELOC rates. Home equity line of credit rates have drifted lower for most of the year and are currently at ...

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.