South Africa Considers Phasing Out Prime Lending Rate in Favour of Repo Benchmark
South Africa’s monetary authorities are considering a structural shift in the country’s credit pricing architecture that ...
Read moreDetails
Tag: pan-African finance
Kenya Eases Benchmark Interest Rate to 8.75 Percent as Inflation Softens
The Central Bank of Kenya has announced a measured reduction in its benchmark lending rate, lowering ...
Read moreDetails
South Africa Formalises Class A Shareholding in Afreximbank
South Africa has formally acceded to the Establishment Agreement of the African Export Import Bank, marking ...
Read moreDetails
Rand Holds Near Strongest Level Since 2022 as Markets Anticipate SARB Policy Decision
The South African rand hovered close to the 16 to the US dollar mark on Friday, ...
Read moreDetails
Nedbank to Acquire 66% Stake in Kenya’s NCBA for $856 Million
South Africa’s Nedbank Group has confirmed a definitive offer to acquire a 66 percent stake in ...
Read moreDetails
Zimbabwean Startup Ndarama Launches Tokenised Securities Platform
Zimbabwean financial technology startup Ndarama has unveiled a novel investment and lending platform that merges regulated ...
Read moreDetails
South African Rand Opens 2026 on a Stable Note as Global Caution Persists
The South African rand began 2026 on a steady footing during subdued holiday trading as global ...
Read moreDetails
Jeremy Awori Named Southern Africa CEO of the Year 2025
The Southern African Times has named Jeremy Awori, Group Chief Executive Officer of Ecobank Transnational Incorporated, ...
Read moreDetails
Zimbabwe’s Gold-Backed ZiG Strengthens on Rising Reserves and Bullion Gains
Zimbabwe’s bullion-backed currency, the ZiG (Zimbabwe Gold), has registered its strongest performance against the United States ...
Read moreDetails
Absa Group Raises $150 Million as Investor Confidence Returns
Absa Group Limited, South Africa’s third largest bank by revenue, has successfully raised 150 million dollars ...
Read moreDetails
WHO WE ARE
The Southern African Times is a regional bloc digital newspaper that covers Southern African and world news. The paper also gives a nuanced analysis on news and covers a wide range of reporting which include sports, entertainment, foreign affairs, arts and culture.