06/20/2025

Bank customers petition CBN over excess charges

This disclosure comes amid an increase and a migration to the end-user billing model for unstructured supplementary service data from charges being deducted from bank account balances

06/19/2025

Warning for interest rates in South Africa

The MPC has cut interest rates by a cumulative 100 basis points since September 2024, with average inflation now believed to be firmly in the target range of 3% to 6%.