Ashley Lechman

1 week ago | iol.co.za | Ashley Lechman

INTEREST RATES 3minSouth African Reserve Bank announces a 25 basis point cut to the repo rate, providing much-needed relief for borrowers. Experts weigh in on the implications for the economy and property market. SARB Governor Lesetja Kganyago. Image: SA Reserve Bank. South Africans repaying vehicle, home loans and other debts received some joy on Thursday as the South African Reserve Bank (Sarb) lowered the repurchase rate (repo rate) for the country.

1 week ago | iol.co.za | Ashley Lechman

CAREERS 3minMongiwa Ntuli is due to graduate soon at the age of 17 in Actuarial Science. This humble academic said she will continue with her studies to reach the milestones she has set for herself. Image: Supplied In a remarkable academic achievement, a 17-year-old student obtained a degree in Actuarial Science. Mongiwa Hazel Ntuli graduated with a degree in Actuarial Science from the University of Pretoria.

1 week ago | persfin.co.za | Ashley Lechman

INTEREST RATESSouth African Reserve Bank governor Lesetja Kganyago. Image: Thobile Mathonsi / Independent NewspapersThe South African Reserve Bank (Sarb) Governor Lesetja Kganyago on Thursday announced a cut to the repurchase rate (repo rate) by 25 basis points (BPS).  This comes after the central bank's Monetary Policy Committee (MPC) met this week and voted to decrease the repo rate from  7.50% to 7.25%. This means that the prime lending rate in the country will decrease from 11.00% to 10.75%.

1 week ago | businessreport.co.za | Ashley Lechman

ENTREPRENEURSLaunched in December 2024 in partnership with business academy Pranary, the program attracted over 578 applications nationwide, with Gauteng submitting the highest number. Image: Supplied. E-hailing company Bolt said it concluded its first Accelerator Program in South Africa, awarding  €20,000 (over R400 000) in funding to ten participants.

1 week ago | businessreport.co.za | Ashley Lechman

SMEA crucial factor in the success of many of these businesses was having a proactive plan to address the challenges they encountered. Image: PexelsSouth African small and medium enterprises (SMEs) have had a tumultuous few years, affected by a broad spectrum of political and economic issues. Despite these challenges, many business owners managed to keep their businesses afloat, and some have even found opportunities for growth and development.