Gill Marcus

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

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

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

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’

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

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

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

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

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

Domestic outlook weak as repo rate remains unchanged

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

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

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

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

Latest

Democracy will flounder sans Stats SA

As the government bails out state-owned entities, it is leaving a hole in the budget of the agency tasked with telling us what South Africa looks like — one that is crucial to government decisions

The Facebook group taking on South Africa’s white right

Online battle over the ‘white genocide’ narrative on social media has dangerous real-world consequences

Trolley tender causes Acsa eruption

Stolen contract exposes rift in the senior ranks at the state airport’s management companies

Press Releases

Scatec Solar begins another Upington project

SPONSORED Scatec Solar and partners have once again grid connected in the ZF Mgcawu District, and started early...

Over R400-m given to businesses since launch of three-minute overdraft

The 3-minute overdraft radically reduces the time it takes for businesses to have their working capital needs met

Tourism can push Africa onto a new path – minister

The continent is fast becoming a dynamic sought-after tourist destination

South Africa’s education system is broken and unequal, and must be fixed without further delay

The Amnesty International report found that the South African government continues to miss its own education upgrading targets

Business travel industry generates billions

Meetings Africa is ready to take advantage of this lucrative opportunity

Conferences connect people to ideas

The World Expo and Meetings Africa are all about stimulating innovation – and income