Prime interest rate may soon be phased out
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Fri 23 January 2026
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Nedbank to buy majority stake in Kenya's NCBA for $856m

NQOBILE DLUDLA

Nedbank offered R13.9bn to buy 66% of Kenya’s NCBA, expanding East Africa presence via cash-and-share deal, retaining NCBA brand and local leadership...

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SANParks’ Recovery Fund to expedite restoration efforts at Kruger National Park
The Kruger Recovery Fund is intended to ensure the long-term sustainability of the Kruger National Park... read
Prime interest rate may soon be phased out, says SA Reserve Bank governor

ED STODDARD

The 350 basis point gap between the repo or monetary policy rate and the prime rate has been fixed since 2001. Lenders use it as a baseline depending on the risks and the credit record of borrowers... read
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