Governor Lesetja Kganyago warns of upward pressure on inflation and the challenging outlook for domestic growth
Governor Lesetja Kganyago says the central bank expects GDP growth of 1.2% in 2018, down from its previous estimate of 1.7%
The notes capture the life of Madiba from his birth to his inauguration as the first democratically elected president of South Africa
Retrenchments are in the offing at the embattled bank, amid allegations of fraud of ‘epic proportions’
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%
Even though South Africa has got off to a positive start this year, it is too early to tell that the country is on a new growth trajectory
Nedbank Group’s Economic Unit forecasted on Monday that interest rates in South Africa will remain unchanged into late 2019
The South African Reserve Bank has given borrowers a little Easter holiday gift, announcing a 25 basis point cut in interest rates on Wednesday
The South African Reserve Bank was justified in placing VBS Mutual Bank under curatorship
The country cannot afford a a bank collapse while it is on the path of inclusive economic recovery
National Treasury said placing VBS Mutual Bank under curatorship is a better option than liquidation
This notion that the Reserve Bank decided to attack a black bank has got to be condemned says central bank governor
At the ANC’s 54th national conference, the party’s economic transformation committee resolved that the SARB should be nationalised
“The challenge for government will be to find ways to finance the deficit in a growth-positive manner"
Research shows that most local companies have invested more in their operations than they saved
"Although offering consumers relief on interest payments, the cut is the product of stalled economic growth."
The South African Reserve Bank’s surprise decision to cut interest rates by 0.25% offers some reprieve for financially strained South Africans.
Although the Reserve Bank is typically conservative and careful with its words, Kganyago’s affidavit pulls no punches.
A financial system that is sure to collapse if the central bank cares about people’s well-being goes against democratic principle.
A court battle is looming between the Reserve Bank and the public protector
Business confidence is key to corporate spending says central bank boss amid uneasy WEF stand-off
The key lending rate has remained unchanged since March after the monetary policy committee raised it by 200 basis points.
The MPC decided unanimously to leave the benchmark repurchase rate at 7%.
South African Reserve Bank Governor Lesetja Kganyago announced an interest rate hike on Thursday, noting the influence of current political turmoil.
South African policy makers may decide that the time for talking is over, as they meet to decide on the first increase in borrowing costs in a year.
The Reserve Bank has decided to keep interest rates on hold in the face of a deteriorating global growth outlook and load-shedding.
A range of crucial economic factors will have a bearing on the monetary policy committee’s decision to be announced on Thursday.
New governor designate of the SA Reserve Bank, Lesetja Kganyago, will have to deal with steadily rising inflation and lacklustre economic growth.
Current deputy governor Lesetja Kganyago has been appointed as Gill Marcus’ replacement when her term as head of the bank ends in November.
There are capable candidates who could replace her, although choices outside the bank are thin.
South Africa doesn’t foresee a sudden stop of capital inflows as central banks react to the possibility of quantitative easing, says the Reserve Bank.
New liquidity rules will force South Africa’s banks to change their funding strategies and this will negatively affect growth.