Mail & Guardian
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Dr Mampho Modise
BUSINESS

Ramaphosa picks Mampho Modise as deputy Reserve Bank governor

The president reappointed Reserve Bank governor Lesetja Kganyago, as well as deputy governors Fundi Tshazibana and Rashad Cassim

  • Sarah Smit
2 min read
While a higher inflation rate may otherwise inspire increased hawkishness in the South African Reserve Bank’s monetary policy committee — which meets this week — analysts expect that the repo rate will be kept on hold again. (Delwyn Verasamy/M&G)
BUREAU FOR ECONOMIC RESEARCH

Reserve Bank will stay tough, even as inflation softens

Borrowers face another 75 basis point repo rate hike this week, as inflation looks to stay uncomfortably high

  • Sarah Smit
5 min read