The interest your bank pays you is a reward for letting it use your money.
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Articles on Interest
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The central bank is ‘really in risk management mode,’ its chairman said.
Feel like you’re drowning in debt? Owing money can sometimes be challenging, but not all debts should keep you awake at night.
Shariah law informs financial contracts and credit systems, and the growth of Islamic financing options provides an alternative to current debt-based banking systems.
The lawmakers have proposed capping interest rates on consumer loans at 15%, but doing so may hurt some of the people it’s aiming to protect.
A closer look into the latest financial numbers of South Africa’s state power utility, Eskom, suggest that it may be in a more vulnerable position than appreciated.
Top contributors
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Consulting Economist; and Senior Research Fellow University of Johannesburg, University of Johannesburg
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Associate Professor of Law, Georgetown University
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Professor, Anthropology, University of Victoria
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Associate Professor of Finance, RMIT University
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Professor of Economics, University of Nebraska Omaha
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Vice Dean and Associate Professor in Economics, University of East London
