US sends $1-billion worth of gold to SA
- 17 May 2013 00:00 - Lisa Steyn
- Large gold shipment from New York to South Africa has set off rumbles in the business world.
Consumer spending slows down to nine-year low
- 15 May 2013 16:07 - Andres R. Martinez, Franz Wild,
- Retail-sales growth has slowed in March from a year earlier as inflation has remained close to the top of the central bank's target.
No surprises from reserve bank as rate remains static
- 22 Mar 2013 00:00 - Chantelle Benjamin
- As expected, the reserve bank left the repo rate unchanged at 5% at its monetary policy committee (MPC) meeting.
Subdued growth outlook puts economy under pressure
- 15 Mar 2013 00:00 - Lynley Donnelly
- There is a large gap between what the country is exporting and what it is importing.
Borrowing costs could come under strain
- 15 Mar 2013 00:00 - Lynley Donnelly
- The Reserve Bank has reported that the current account deficit for the fourth quarter of 2012 came in higher than expected at 6.5% of the GDP.
Money pressures fuel the revolt fire
- 14 Dec 2012 12:56 - Ciaran Ryan
- New economic research by ETM Analytics has put South Africa in some dangerous company.
Economic week ahead: Judgment days
- 10 Sep 2012 06:47 - Matt Quigley
- The US's central bank is set to rule on the need for more stimulus and Germany will decide where it stands on the funding for EU bail-outs.
SA's economic outlook modest, says reserve bank
- 30 May 2012 09:04 - Reuters
- The reserve bank says South Africa's outlook remains modest, with a recovery in domestic demand and supply expected barring further global turmoil.
Repo rate unchanged over eurozone fears
- 25 May 2012 10:57 - Lisa Steyn
- The monetary policy committee on Thursday decided to leave the repo rate -- at which the Reserve Bank lends to commercial bank at 5.5%.
Marcus gives big five banks a hand
- 17 May 2012 02:10 - Sharda Naidoo
- In an unprecedented move to bombproof SA's major lenders, a multibillion-rand emergency fund has been set up to help them weather any liquidity storm.
The week ahead: Global confidence and local rates
- 26 Mar 2012 07:07 - Matt Quigley
- Snapshots of EU and US consumer sentiment are due this week, but all eyes in SA will be on the Reserve Bank's interest rate decision on Thursday.
SA's economic recovery not strong, says Nene
- 29 Jun 2011 17:35 - Staff Reporter
- SA's economic recovery is not sustainable yet and is still relying on loose monetary and expansionary fiscal policies, says deputy finance minister.
Reserve Bank independence 'not undermined'
- 01 Dec 2010 07:52 - Stella Mapenzauswa
- The independence of South Africa's Reserve Bank is not undermined by new economic growth proposals unveiled by the government last week.
Reserve Bank cuts repo rate to 6%
- 09 Sep 2010 15:28 - Staff Reporter
- The Reserve Bank cut its repo rate by 50 basis points to 6% as expected on Thursday to give further boost to a stuttering economic recovery.
