JOHANNESBURG, Feb 17 (Reuters) - South Africa's central ⁠bank ⁠wants to scrap the ⁠country's prime lending rate as soon as ...

South Africa’s central bank seeks to replace prime, the main reference commercial banks use to price trillions of rands of loans, with its benchmark interest rate.

The Ghana Reference Rate (GRR) for February 2026 is expected to decline to about 14.58 per cent, from the current rate of 15.68 per cent for January. This projection is based on JOYBUSINESS’ ...

The South African Reserve Bank wants to scrap the country’s prime lending rate as soon as next year to make its main monetary policy rate the reference point in financial contracts, a discussion paper ...

With the repo rate unchanged at 5.25%, depositors may still have time to lock higher fixed deposit returns before banks reprice ...

For ‘greater transparency and clarity’: instead of the official repo rate and prime rate – and then the ‘prime-plus’ or ‘prime-minus’ rate quoted to a consumer – there will be a single Sarb policy ...

The Ghana Reference Rate (GRR), a key benchmark used by commercial banks in pricing loans, has dropped marginally to 14.58% in February 2026, down from 15.68% in January. The decline was driven by ...

Floating-rate funds can provide income investors with diversification and some protection from interest rate risk. They can ...

All of the usual factors, notably your risk profile, will still be at play. But the enhanced transparency could conceivably lead to lower rates in some cases as the reform would mean that banks have ...

Discover how drop lock bonds combine floating and fixed-rate features, providing security against interest rate changes and a guaranteed minimum return for investors.

Barring a rapid deterioration in the labor market or a significant cooling of inflation, the Federal Reserve appears poised ...

Options-based strategies have seen a surge in modernization, now offering new features for investors to take advantage of.