BASA Statement on the 2026 Budget Speech

The Minister of Finance, Enoch Godongwana, and the National Treasury have made the best possible use of a R21,3 billion tax revenue windfall: providing South Africans with some tax relief, while continuing to invest in economic infrastructure and reducing the cost of the national debt. The 2026 speech is a ‘good news’ budget, which will help increase the positive momentum building in the economy and the country. 

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Statement on the Prime Interest Rate

In line with monetary policy and inflation targeting, the South African Reserve Bank (SARB) makes use of the repurchase (repo) rate to influence short term interest rates in the market. This is a mechanism the SARB uses to control the cost of funding in the economy, which affects the demand for goods and services, and therefore inflation. The repo rate signals the direction and magnitude of changes in interest rates that are required by SARB, to give effect to monetary policy.

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Beware of Fraudulent App Downloads

Protect Yourself from Scams & Identity Theft Fake Apps Are on the Rise! Cybercriminals are releasing apps that look real — but are designed to steal your data, money, and identity.

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Quishing Awareness: Protect Yourself From QR Code Scams!

Quishing, also known as QR code phishing, is a type of cyberattack where attackers use malicious QR codes to trick users into visiting fake websites, downloading malware, or stealing sensitive information.

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Beware! How Criminals Exploit USSD

USSD codes are convenient — but they can also be exploited by criminals to access your banking information or hijack your mobile number. Stay informed and stay secure.

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Beware: Selfie & Biometric Fraud Is on the Rise!

Criminals are using stolen selfies and biometric data to break into banking apps and steal identities. Stay alert and protect yourself.

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Global Entrepreneurship Week Webinar 2025

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Stay Safe Online – Beat Illegal Gambling

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Safe Browsing Habits

Every click = data. Your searches, logins, and online actions create a personal digital fingerprint — and cybercriminals want it. If your data isn’t protected, it can be stolen, misused, or sold.

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The 2025 Medium Term Budget Policy Statement 

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