Latest articles on SARB

Reserve Bank keeps repo rate unchanged at 6.5%

The rate also helps target inflation. The recent inflation rate is at 4.3% — which is well within the central bank’s target of 3% - 6%

Kganyago: SA banks can hold out against a downgrade

Should Moody’s downgrade the country, South Africa will fall out of important global government bond indices

Another top VBS beneficiary clears the air

The Free State Development Corporation was third on the list of those who received large sums of money from the embattled bank

KPMG vows to work with Reserve Bank in wake of damning VBS report

KPMG executive chairperson Wiseman Nkuhlu says the firm will take stock of the investigation and cooperate with the Reserve Bank

New report backs criminal charges against VBS ‘captors’

An explosive report commissioned by the Reserve Bank identifies alleged kingpins in the looting of the beleaguered mutual bank

Reserve Bank: Auditors were part of the VBS Mutual Bank conspiracy

The South African Reserve Bank's deputy says the bank's audited financial statements were not reliable

Reserve Bank secures guarantees up to R100 000 for VBS retail depositors

Retail depositors refers to individuals, funeral schemes, burial societies, savings clubs and stokvels

Reserve Bank: No guarantee municipalities will get VBS money back

The standing committee on finance held a briefing on progress made on VBS Mutual Bank, since it was placed under curatorship in March

SARB confidence in saving VBS declines

Prudential authority chief Kuben Naidoo says although the probability of saving the bank has fallen, it is not at zero

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Latest

Sassa disses disability grant applicants

Towards the end of level four of the lockdown, Sassa offices reopened for applications for old age pensions and childcare and foster care grants, but not for disability grants

Corruption allegations: It’s a family affair at Dihlabeng municipality

The mayor, her relatives and their friends keep landing lucrative tenders and using state resources. Yet Lindiwe Makhalema has failed to declare the list of her relationships with people and companies benefiting from the municipality

Auditor-general’s report reveals the municipalities where the money goes to waste

Municipalities are in complete disarray, with many of them flagged by the auditor-general for deliberate lack of accountability and tolerance for transgressions by political and administrative leadership while billions are squandered.

Press Releases

Security and Compliance Evolution in the Data Revolution

Organisations must adopt a risk-based approach to compliance and rely on technology to mitigate that risk and on people and process controls as well

Covid-19 vs Child Nutrition

Children are being impacted severely across the world because of things such as reduced immunisation as health services prioritise treating Covid-19 cases

MTN’s network innovation sees 5G launched at 100 sites countrywide

MTN South Africa has launched its widely accessible 5G network – the first of MTN’s 21 operations across Africa and the Middle East

Economic ramifications of Covid-19

There is an opportunity for business and government in collaboration to galvanise and work together, and present ourselves as a viable destination for investment

JSE-listed company BCX empowers its finance staff with professional accounting qualifications

'For the finance function to go beyond the numbers we need to be professional and we cannot leave out the financial control experts'

Ensuring no prospective CA(SA) is left behind

Sizwe Nxasana talks about the macro-economic impact our country will suffer if the accountancy profession fails to transform its pipeline in the pandemic

The rise and rise of Rise Uniforms

'If you can’t take a risk then you’re not an entrepreneur, and you might as well get out of the space' says Ntombekhaya Nonnxuba

How to get R7 000 government funding for your spaza shop or traditional grocery store

The Spaza Shop Support scheme allows for your business to access a R3 500 working capital injection and an additional R3 500 in revolving credit

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