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South Africa

SARB raises repo rate to 7%

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The South African Reserve Bank’s Monetary Policy Committee (MPC) has increased the repo rate by 25 basis points to 7%, effective from 29 May 2026.

KZN Treasury secures R2bn advance to support school funding

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The KwaZulu-Natal Provincial Treasury has secured a R2 billion advance from National Treasury to assist the provincial Department of Education in meeting its critical obligation of transferring norms and standards funding to schools across the province.

BMA processes 300 Ghanaians

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The Commissioner of the Border Management Authority (BMA), Dr Michael Masiapato, has confirmed that the BMA successfully processed 300 Ghanaians who were repatriated back to Ghana at OR Tambo International Airport.