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South Korea's central bank cuts rates

Associated Press on MSN · 3d

South Korea’s central bank cuts rates in a bid to boost the economy

South Korea’s central bank cut its policy rate for the first time in more than four years as pressure to revive a sluggish economy outweighed concerns about the country’s level of household debt.

South Korea's central bank makes first rate cut, flags room for more

South Korea's central bank cut interest rates for the first time since mid-2020 on Friday and flagged there was room to reduce further, giving some relief to households that have faced the highest borrowing costs in 16 years.

invezz on MSN · 4d

South Korea’s central bank cuts rates for first time since 2020 to spur economic recovery

South Korea’s central bank has taken a major step to counter its slowing economy, cutting its key interest rate for the first time in more than four years, despite concerns over household debt levels.

South African Former Finance Minister Tito Mboweni Dies

Bloomberg L.P. · 2d

Tito Mboweni, South Africa’s First Black Central Bank Chief, Dies at 65

Tito Mboweni, who as the first Black governor of the South African Reserve Bank was heralded by financial markets and business for keeping tight fiscal controls on the nation’s public spending, has died.

U.S. News & World Report · 1d

South African Former Finance Minister Tito Mboweni Dies at 65

South African Finance Minister Tito Mboweni reacts as he arrives to deliver his budget speech at the parliament in Cape Town, South Africa, February 26, 2020. Reuters/Sumaya Hisham/File Photo JOHANNESBURG (Reuters) - South Africa's former finance and labour minister and first Black central bank governor Tito Mboweni has died aged 65 following a brief illness,

eNCA on MSN · 2d

Tributes pour in for former Finance Minister Tito Mboweni

The Duke of Magoebaskloof has shared his last meal with us. Former Reserve Bank Governor and Finance Minister Tito Mboweni has died at the age of 65. President Cyril Ramaphosa has paid tribute to Mboweni,

businesstech.co.za55m

South Africans should kiss cash goodbye

The South African Reserve Bank and other stakeholders want to eliminate cash and move to safer digital payment methods.

Standard Bank Employee Committed Suicide, South Africans Heartbroken

A Standard Bank employee committed suicide weeks after confiding in her colleagues about her mental health issues. South ...

South Africans reject bank transfer times, embrace immediate payments

PayShap is a product of BankservAfrica and enables instant bank transfers. There is nothing more annoying than waiting for ...

businesstech.co.za6d

New South African bank targeting Capitec already has 1 million customers and mobile products

OM Bank, which is taking on Capitec in the banking space, will launch with 1 million customers and access to its own Mobile ...

5don MSN

World Bank raises South Asia growth forecast to 6.4% on India demand

The World Bank raised its growth forecast for South Asia to 6.4% in 2024 from an earlier estimate of 6.0%, citing the ...

18h

Almost 400 new homes on cards as consent sought for next phase of South Bank development

Detailed plans to build almost 400 new homes in South Bank have been recommended for approval by councillors. A 32 hectare ...

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