Data released on Wednesday showed that the annual rate accelerated to 5.4%, from a previous reading of 4.8%
Switch off lights and appliances when not in use, and reduce the temperature on your geyser, the president said
New interbank payment programme PayShap will benefit consumers and small businesses, helping to reduce reliance on cash and boosting safety and convenience
Analysts believe it will be easier to build a case against the former Steinhoff CEO on ‘lesser crimes’ instead of complex international investment fraud
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The governor of the Reserve Bank asks what role a state bank would play in a country where more than 80% of the population has access to financial services
Food inflation was unchanged at 6.7% in July, but remained elevated on continued upward pressure from prices for meat and the oils and fats category.
Higher international oil prices, for example, could affect local transport costs through second-round effects
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Low interest rates usually encourage spending, but uncertainty created by the pandemic has driven people to save their cash in hard times
Current cases make it highly debatable whether those in the boardroom know what they’re doing
The South African Reserve Bank cautioned that if it was not for load-shedding, the country’s economy could have been stronger
The banking sector will be in a vulnerable position if the national treasury does not stabilise its debt
Repo rate drops to 3.5% as Reserve Bank predicts a 7.3% contraction in South Africa’s GDP
The rate also helps target inflation. The recent inflation rate is at 4.3% — which is well within the central bank’s target of 3% – 6%
Should Moody’s downgrade the country, South Africa will fall out of important global government bond indices
The Free State Development Corporation was third on the list of those who received large sums of money from the embattled bank
KPMG executive chairperson Wiseman Nkuhlu says the firm will take stock of the investigation and cooperate with the Reserve Bank
An explosive report commissioned by the Reserve Bank identifies alleged kingpins in the looting of the beleaguered mutual bank
The South African Reserve Bank’s deputy says the bank’s audited financial statements were not reliable
Retail depositors refers to individuals, funeral schemes, burial societies, savings clubs and stokvels
The standing committee on finance held a briefing on progress made on VBS Mutual Bank, since it was placed under curatorship in March
Prudential authority chief Kuben Naidoo says although the probability of saving the bank has fallen, it is not at zero
The last time SARB cut the repo rate before March was in July 2017, when the MPC reduced the rate by 25 basis points from 7% to 6.75%
Nedbank Group’s Economic Unit forecasted on Monday that interest rates in South Africa will remain unchanged into late 2019
The SARB on Thursday issued a statement following recent developments at KPMG.
Protecting and preserving historical records has been the cornerstone of SAHA’s work. But after a cost order, they could be out of business.
“The challenge for government will be to find ways to finance the deficit in a growth-positive manner"
Legally, it won’t be a walk in the park to place the central bank in government hands – neither will it be cheap
The rand has strengthened 15% against the dollar this year after losing over 25% of its value in 2015.
The 2008 financial crisis exposed major gaps in central banks’ operations. New features like quantitative easing have since emerged.
Although the numbers were not anywhere as stellar as they first appeared, they are not the only ones to consider, and the news is not uniformly bad.
The Mail & Guardian’s environment writer Sipho Kings has walked away with three awards for the 2013 SAB Environmental Media awards.
Monetary policy decisions by the US Federal Reserve and SA Reserve Bank will keep economists and investors on the edge of their seats this week.