The South African Reserve Bank has raised interest rates by 25 basis points and warned of further hikes if inflation pressures escalate due to global uncertainties and rising fuel prices.

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.

MPC divided as rising oil and food costs threaten inflation targets