Latest articles on Gill Marcus

Matjila: I was under immense political pressure to fund various companies

Article Thando Maeko - 10 Jul 2019

Former PIC CEO testifies that the asset manager was persuaded by influential people, including senior political figures, to fund companies

Politicians on the board of the PIC do not expose it to undue influence — Gungubele

Article Tebogo Tshwane - 25 Feb 2019

The deputy finance minister does not believe that having a politician on the board exposes the institution to political interference

PIC commission to hear from a former board member

Article Tebogo Tshwane - 29 Jan 2019

Claudia Manning will be speaking for the first time since she stepped down from the PIC

Ramaphosa appoints commission of inquiry into alleged PIC ‘improprieties’

Article Mashadi Kekana - 18 Oct 2018

The president has instituted a commission to probe allegations of irregularities at the PIC in hopes of ensuring its ‘sound financial management’

Reserve Bank asks police to probe secrecy breach

Article Staff Reporter - 2 Mar 2015

The bank is concerned that a former director – a Holocaust denialist – has betrayed confidentiality with "scurrilous allegations" in his book.

Tough task awaits new Reserve Bank boss Lesetja Kganyago

Article Lynley Donnelly - 6 Oct 2014

New governor designate of the SA Reserve Bank, Lesetja Kganyago, will have to deal with steadily rising inflation and lacklustre economic growth.

Lesetja Kganyago named new Reserve Bank governor

Article Staff Reporter - 6 Oct 2014

Current deputy governor Lesetja Kganyago has been appointed as Gill Marcus' replacement when her term as head of the bank ends in November.

Marcus will be a hard act to follow

Article Chantelle Benjamin 1 - 25 Sep 2014

There are capable candidates who could replace her, although choices outside the bank are thin.

Domestic outlook weak as repo rate remains unchanged

Article Chantelle Benjamin 1 - 18 Sep 2014

The Monetary Policy Committee's says it was mindful of the anaemic state of the economy when deciding to leave rates unchanged.

Marcus to step down as Reserve Bank Governor

Article Staff Reporter - 18 Sep 2014

Gill Marcus said she will step down from her post when her term ends in November, leaving room for one of her deputies to succeed her.

Jitters over current account deficit

Article Lynley Donnelly - 11 Sep 2014

A surprise widening of the current account deficit has been attributed to the high volume of imports and dividend and interest payments.

African Bank splits to isolate loans in Reserve Bank rescue

Article Andre Janse Van Vuuren - 11 Aug 2014

The Reserve Bank has placed the sinking lender under curatorship in a bid to save investors.

Rand bonds revel as Marcus finesses policy

Article Staff Reporter - 23 Jul 2014

Bonds are rallying after the Reserve Bank's hiked rates in an effort to assure South Africans and investors that inflation will not run away.

‘Rising inflation and slowing growth’ pushes repo rate up

Article Staff Reporter - 17 Jul 2014

Reserve Bank Governor Gill Marcus announced an interest rate hike on Thursday, while highlighting strike action and excessive salaries and bonuses.

Economists kept guessing on Reserve Bank rate call

Article Rene Vollgraaff - 16 Jul 2014

Economists are split on whether the South African Reserve Bank's Monetary Policy Committee will hold or hike interest rates on Thursday.

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