The SA Reserve Bank cut the repo rate by 50 basis points, adding to 600 basis points of cuts in interest rates since December 2008.
No image available
/ 4 November 2010
Fixing an exchange rate at a particular level does not necessarily lead to competitiveness, Reserve Bank Governor Gill Marcus said on Thursday.
Finance Minister Pravin Gordhan’s Medium-Term Budget Policy Statement on Wednesday will shed light on the state’s spending priorities.
South Africa’s Reserve Bank will "not necessarily" cut interest rates again next month and the decision will depend on the data the bank has.
No image available
/ 19 October 2010
South Africa’s economic recovery remains fragile, Reserve Bank Governor Gill Marcus said on Tuesday.
No image available
/ 14 October 2010
Reserve Bank Governor Gill Marcus said on Wednesday the economy was in a fragile recovery and the strong rand was hurting the country.
The Reserve Bank left its repo rate steady at 6,5% on Thursday, in line with expectations, as the economy stays on course to recover.
SA’s economy is recovering, but the recovery is "fragile and hesitant", South African Reserve Bank Governor Gill Marcus said on Wednesday.
The Monetary Policy Committee of the SA Reserve Bank has kept the repo rate unchanged in a move welcomed by opposition parties.
The repo rate will stay stable "for some time to come", South African Reserve Bank Governor Gill Marcus said on Thursday.
The Reserve Bank unexpectedly cut its repo rate by 50 basis points to 6,5% on Thursday to help accelerate a recovery from last year’s recession.
SARB Governor Gill Marcus on Tuesday accused a "small minority" of shareholders of not caring about the national interests of the country.
No image available
/ 22 February 2010
Pravin loves Gill just the way she is — for now, anyway.
In a letter to Reserve Bank governor Gill Marcus, Gordhan reiterated the bank
No image available
/ 29 January 2010
Demand for credit by South Africa’s private sector fell for the third consecutive time in the year in December.
No image available
/ 27 November 2009
South Africa has appointed two senior central bank officials as advisers to Governor Gill Marcus with effect from December 1, the bank said on Friday.
No image available
/ 20 November 2009
The yawning chasm between consumer and producer inflation keeps interest rates high, writes Lynley Donnelly.
No image available
/ 19 November 2009
South African Reserve Bank Governor Gill Marcus said on Thursday it was not the bank’s desire to intervene in the currency market.
No image available
/ 9 November 2009
Incoming Reserve Bank Governor Gill Marcus faces her first test as the market expects a decision on the dates of MPC meetings to be held in 2010.
No image available
/ 6 November 2009
Reserve Bank Governor Tito Mboweni bids farewell to the bank this weekend after a decade fighting inflation in a jovial and personable style.
Gill Marcus, who will succeed Tito Mboweni as governor of the South African Reserve Bank next month, joined as an adviser on Thursday.
No image available
/ 17 September 2009
The SARB will be in good hands under incoming governor Gill Marcus, Reserve Bank Governor Tito Mboweni said on Thursday.
Employment equity should be used to further the interests of all women, regardless of colour.
Diplomats and foreign correspondents say Jacob Zuma’s presidency is proving a pleasant surprise.
South Africa should not do away with inflation targeting, but there is room to reconsider the narrow target inflation band, say economists.
<i>Niren Tolsi</i> takes a fashionista’s mirror to the changing seasons at the South African Reserve Bank.
South African Reserve Bank governor Gill Marcus will implement the policies already in place, ANC secretary general Gwede Mantashe said on Monday.
We were sitting at Casalinga restaurant on a particularly miserable day. All the patrons were crammed in on the patio overlooking the lawns.
The appointment of Gill Marcus as the new governor of the SA Reserve Bank was welcomed by political parties, business organisations and economists.
Jacob Zuma on Sunday named Gill Marcus as head of the central bank from November in an appointment that will probably be welcomed by investors.
President Jacob Zuma does not plan to appoint Reserve Bank governor Tito Mboweni for another five years, and wants to replace him with Gill Marcus.
Finance Minister Trevor Manuel says he has been assured by Absa there will be no individual enrichment in its sponsorship deal with the Premier Soccer League (PSL). ”We have the assurance that Absa would do everything in its power to [ensure] that the money is used as intended, for the advancement of soccer in this country,” he said on Friday.
No image available
/ 11 September 2007
Absa Group chief operations officer Peter Mageza has been appointed as an executive director on the boards of Absa Group and Absa Bank, with effect from September 10. Mageza who has been with the Absa Group since 2000, was appointed as COO three years ago.