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Reserve Bank

April consumer inflation edges higher to 2.8% year-on-year
Business
/ 21 May 2025

April consumer inflation edges higher to 2.8% year-on-year

April’s slight uptick suggests that the Reserve Bank will keep the benchmark repo rate at 7.5% next week

By Aarti Bhana
Greylisting is a symptom. South Africa’s real crisis is dysfunction without consequence
Thought Leader
/ 6 May 2025

Greylisting is a symptom. South Africa’s real crisis is dysfunction without consequence

Financial crime governance should be happening in the boardroom and the legal and financial fallout from the lack of enforcement is becoming increasingly serious

By Annerize Shaw
Sunnier outlook: SA travellers ready to book their end-of-year breaks
Partner Content
/ 15 October 2024

Sunnier outlook: SA travellers ready to book their end-of-year breaks

Global tourism has reached 96% of pre-pandemic levels; tails are up

By Flight Centre
ATM ‘will pursue all legal avenues’ over the Phala Phala scandal
Politics
/ 11 October 2024

ATM ‘will pursue all legal avenues’ over the Phala Phala scandal

The National Prosecuting Authority says Ramaphosa is off the Phala Phala hook

By Paddy Harper
Inflation dips below 5%
Business
/ 21 August 2024

Inflation dips below 5%

The latest year-on-year number is 4.6%. This is the lowest it has been since July 2021

By Anathi Madubela
Don’t expect a reprieve in electricity prices anytime soon
The Green Guardian
/ 8 February 2024

Don’t expect a reprieve in electricity prices anytime soon

Residential consumers pay more than those in most African, Southeast Asian and Brics countries

By Mandisa Nyathi
Reserve bank head says climate change will raise fiscal risk
The Green Guardian
/ 23 October 2023

Reserve bank head says climate change will raise fiscal risk

Central banks’ contribution to climate change-related aims, and their role in the transition, depend on government policy

By Sheree Bega
Reserve Bank clears Ramaphosa of wrongdoing in Phala Phala matter
Politics
/ 21 August 2023

Reserve Bank clears Ramaphosa of wrongdoing in Phala Phala matter

The president did not violate any exchange control regulations, the central bank has found after a lengthy investigation

By Lyse Comins
Sympathise with the Reserve Bank’s Monetary Policy Committee
Opinion
/ 21 June 2023

Sympathise with the Reserve Bank’s Monetary Policy Committee

The trend of wealth departing our shores is severely discouraging and political and economic reform is needed to stem the tide

By Ross Harvey
Reserve Bank says South Africans must bungee jump out of a crashing helicopter
Opinion
/ 5 June 2023

Reserve Bank says South Africans must bungee jump out of a crashing helicopter

Governor Lesetja Kganyago’s obsession with imaginary ‘barbarians at the gate’ of the central bank, it is losing credibility in the eyes of the public

By Siyabonga Hadebe
Will Lesetja Kganyago surprise markets with interest rates decision?
Opinion
/ 25 May 2023

Will Lesetja Kganyago surprise markets with interest rates decision?

The Reserve Bank’s decision to hike or not to hike interest rates is most acutely felt in this segment of society, people who are first-time home or vehicle buyers and more often than not, credit card holders

By Ron Derby
Kganyago: Load-shedding forcing consumer price hikes
Business
/ 11 May 2023

Kganyago: Load-shedding forcing consumer price hikes

The head of the central bank urged the government to stay committed to structural reforms, especially with regard to logistics and electricity

By Anathi Madubela
Stagflation: South Africa not out of the woods yet
Business
/ 21 October 2022

Stagflation: South Africa not out of the woods yet

The country’s precarious growth means that, even as inflation cools, it is vulnerable to shocks

By Sarah Smit
Dear SA, halt suicidal policies lest we become an economic wasteland
Business
/ 13 October 2022

Dear SA, halt suicidal policies lest we become an economic wasteland

The government must invest in its people and infrastructure to stimulate the economy

By Duma Gqubule
The state must ensure SA’s food security
Opinion
/ 23 September 2022

The state must ensure SA’s food security

Most household lack access to adequate food to meet dietary needs for a healthy, active lifestyle

By Ross Harvey, Stephen Buchanan-Clarke and Leleti Maluleke
Inflation eases, but is still above Reserve Bank’s upper limit
Business
/ 21 September 2022

Inflation eases, but is still above Reserve Bank’s upper limit

Consumer price inflation slowed to 7.6% year-on-year in August after hitting a 13-year high in July

By Anathi Madubela
ANC policy conference retains Ramaphosa reform agenda, including step aside rule
Politics
/ 31 July 2022

ANC policy conference retains Ramaphosa reform agenda, including step aside rule

Conference however notes strong concerns on the perceived lack of consistency in applying step aside

By Paddy Harper
Editorial: The coming catastrophe of higher food, fuel prices for South Africa’s middle class
Editorial
/ 3 June 2022

Editorial: The coming catastrophe of higher food, fuel prices for South Africa’s middle class

Consumers, who have remained resilient despite South Africa’s economic woes over the past decade, are being squeezed on all fronts. What are the policy options? Or is it the same old, same old

By Editorial
Ubank placed under curatorship effective immediately
Business
/ 16 May 2022

Ubank placed under curatorship effective immediately

Reserve Bank says depositors will still have access to money and the bank will be operational during the process

By Anathi Madubela
Inflation pressures mount as oil price hits $130
Business
/ 7 March 2022

Inflation pressures mount as oil price hits $130

The South African Reserve Bank will probably remain hawkish as energy and food prices climb in the wake of Russian aggression

By Sarah Smit
The BIG debate: Would new social grants compromise economic growth?
Business
/ 8 February 2022

The BIG debate: Would new social grants compromise economic growth?

Economists against basic income support have warned that introducing it could hurt the GDP. Others point out that growth means little to the poor

By Sarah Smit
Magashule is not without blame in the ANC list mess for this year’s local government elections
Politics
/ 2 September 2021

Magashule is not without blame in the ANC list mess for this year’s local government elections

Some party leaders say he left the office in total disarray, which paved the way for disaster

By Lizeka Tandwa
Kganyago: Monetary policy entails trade-offs
Business
/ 5 June 2021

Kganyago: Monetary policy entails trade-offs

The South African Reserve Bank governor believes the state has to spur growth, restore the country’s public finances and arrest debt to escape the economic slump

By Sarah Smit
Khaya Sithole: Board directors are meant to sing for their supper
Opinion
/ 25 March 2021

Khaya Sithole: Board directors are meant to sing for their supper

Current cases make it highly debatable whether those in the boardroom know what they’re doing

By Khaya Sithole
Financial sector increases its government debt to 22%
Business
/ 28 February 2021

Financial sector increases its government debt to 22%

The banking sector will be in a vulnerable position if the national treasury does not stabilise its debt

By Tshegofatso Mathe
The numbers don’t lie: Tito Mboweni must focus on the long game, experts say
Business
/ 18 February 2021

The numbers don’t lie: Tito Mboweni must focus on the long game, experts say

Experts offer their advice about what Finance Minister Tito Mboweni should focus on in next week’s budget speech

By Hannah Marais, Bonang Mohale and Nthabiseng Moleko
Secret meetings with Zuma could sink Mkhwebane
National
/ 21 January 2021

Secret meetings with Zuma could sink Mkhwebane

An alleged string of lies about Mkhwebane’s meeting with the former president in her contentious R3.2-billion Absa report has the public protector in a legal wrangle

By Khaya Koko
Repo rate falls to 3.5% — its lowest since 1998
Business
/ 23 July 2020

Repo rate falls to 3.5% — its lowest since 1998

Repo rate drops to 3.5% as Reserve Bank predicts a 7.3% contraction in South Africa’s GDP

By Tshegofatso Mathe
The demise of the chequebook
Business
/ 17 June 2020

The demise of the chequebook

The use of cheques has fallen about 80% in the past decade as consumer habits shift and digital payments continue to gain traction

By Tshegofatso Mathe
An emergency budget needs bold decisions, including a bigger public sector
Opinion
/ 6 June 2020

An emergency budget needs bold decisions, including a bigger public sector

Choosing this path would create work for many while also building the infrastructure that the country needs

By Dominic Brown
Reserve Bank cuts repo rate by 50 basis points
Business
/ 21 May 2020

Reserve Bank cuts repo rate by 50 basis points

The Monetary Policy Committee has cut the repurchase rate by a further 50 basis points, after a two consecutive cuts of 100 basis points earlier this year

By Thando Maeko
Three ways to finance the Covid-19 policy response
Coronavirus
/ 9 May 2020

Three ways to finance the Covid-19 policy response

The government will have to consider the pros and cons of direct taxation, de facto taxation and debt as it negotiates the coronavirus economic crisis

By Adam Aboobaker and Ihsaan Bassier
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