NEWS & MEDIA
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SARB issues consultation paper on Prime Rate demise
The South African Reserve Bank (“SARB”) published a consultation paper on 16 February 2026 with proposals to demise the prime lending rate (“Prime Rate”) and designating the Repurchase Rate (“Repo Rate”) (to be called the SARB policy rate or SPR) as its replacement.
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In a judgment handed down on 25 August 2025, the Gauteng High Court dismissed an urgent application by Health-Worx Medical Centres (Pty) Ltd (“the Applicant”) to preserve its occupation of premises at Randridge Mall.
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The Western Cape High Court’s decision in Cash Crusaders Franchising (Pty) Ltd v Cash Crusaders Franchisees 2024 (4) SA 141 (WCC) marked a significant development in the evolving interpretation of Section 18 of the Superior Courts Act 10 of 2013, particularly in the context of execution of orders pending appeal.
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In a landmark ruling, the Gauteng High Court (Johannesburg) has ordered the provincial Department of Health to immediately provide treatment to patients on a long-standing backlog list of cancer patients awaiting radiation oncology services in Gauteng, some of whom have tragically died while waiting.
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