The South African Reserve Bank has raised interest rates to 7% in response to escalating global inflation risks and domestic price pressures. Governor Lesetja Kganyago outlines the implications for consumers and the economy.

While South Africa's housing market continues its steady recovery trajectory, growing global uncertainty and persistent energy cost shocks look set to push the SARB toward a…

South Africans may face higher home loan and borrowing costs as economists increasingly expect the South African Reserve Bank to raise rates this week.