South Africa's Reserve Bank plans to eliminate the prime interest rate, transitioning to repo rate loans and adopting ZARONIA, improving transparency in lending.
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Turkey central bank holds key interest rate steady
Turkey's central bank held its key interest rate steady on Thursday but warned it could hike it again as the country's soaring inflation remains a headache for President Recep Tayyip Erdogan's government. Erdogan has allowed Turkey's central bank to hike its main policy rate from just 8.5 percent before his re-election last May to 50 percent.
Residents protest as Venice launches five-euro entry fee
Venice on Thursday began charging day-trippers for entry, a world first aimed at tackling mass tourism but opposed by protesters objecting to treating the historic Italian city as a museum.
Five things we learned at the China Auto Show
One of China's largest auto shows kicked off in Beijing on Thursday, with electric vehicle makers keen to show off their latest designs and high-tech accessories to consumers in the fiercely competitive market.
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Made in Mzansi Celebrates South African Heritage, Local Manufacturing and Everyday Health
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