Obed Bapela

 

SA legislators seek more Reserve Bank oversight

Wendell Roelf

South African legislators have recommended that Parliament revise laws to give it more oversight over the Reserve Bank, raising concerns of political interference in monetary policy as inflation soars. The Reserve Bank has raised its repo rate by 400 basis points to 11% since June 2006 to try to tame inflation.

Client Media Releases

Medscheme honoured for service excellence
Do engineers make good project managers?
Hisense SA celebrates Mandela Day at local day care
Hurricane Electric expands into Africa
Frost & Sullivan recognises MiX Telematics for award
MTN appoints new chief HR officer