South African Reserve Bank

 
African Bank CEO up for a challenge
African Bank CEO up for a challenge
Basani Maluleke stepped into the role of African Bank chief executive this month well aware of the formidable challenges that lie ahead. With some...
Finding wealth in a sea of poverty
Finding wealth in a sea of poverty
Are a significant number of South Africa’s richest people in hiding? You could be forgiven for thinking so, because a wealth report found that...
VBS Mutual Bank 'severely mismanaged' – SARB affidavit
VBS Mutual Bank 'severely mismanaged' – SARB affidavit
VBS Mutual Bank was “severely mismanaged” and there is reason to believe there has...
Court order could bankrupt South African History Archive
Court order could bankrupt South African History Archive
A high court judgement has left the South African History Archive (SAHA) reeling following a cost order which could put the organisation out of...
Court dismisses Public Protector's appeal on Bankorp-CIEX costs order
Court dismisses Public Protector's appeal on Bankorp-CIEX costs order
The North Gauteng High Court has dismissed Public Protector Busisiwe Mkhwebane's application for leave to appeal a previous judgment that...
Relief for consumers as CPI hits two-year low
Relief for consumers as CPI hits two-year low
Consumers can expect the South African Reserve Bank (SARB) to cut interest rates, the consumer price index (CPI) hitting its lowest levels since...
Bank failure rocks battling municipalities
Bank failure rocks battling municipalities
The fate of money belonging to municipalities and funds meant for the beneficiaries of deceased miners is now tied to the fortunes of embattled VBS...
Stokvels reel from VBS bank’s collapse
Stokvels reel from VBS bank’s collapse
Stokvels, burial societies and other savings clubs face uncertainty about their funds after the VBS Mutual Bank was placed under curatorship by the...
Coovadia on VBS curatorship: SA cannot afford a bank collapse
Coovadia on VBS curatorship: SA cannot afford a bank collapse
South Africa cannot afford a bank collapse while it is on the path of inclusive economic recovery, according to Banking Association of South Africa...
VBS bank could come out of curatorship stronger—
Treasury
VBS bank could come out of curatorship stronger— Treasury
National Treasury said placing VBS Mutual Bank under curatorship is a better option than liquidation.
​VBS liable to go bust
​VBS liable to go bust
VBS mutual bank faces the possibility of going bust after the Treasury instructed municipalities to stop investing with it.

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