South African Reserve Bank
latest news & developments
SARB launches new R2 coins honouring Charlotte Maxeke and 1956 Women’s March
The South African Reserve Bank has launched two new commemorative R2 circulation coins celebrating struggle icon Charlotte Maxeke and the historic 1956 Women’s March.
Emberton placed under scrutiny
The NPA is close to making a decision on possible charges in a probe involving SA Steel Mills and allegations of questionable cross-border transactions linked to the company
Consumers face double blow as inflation rises and rate fears return
South Africans could face rising living and borrowing costs after inflation accelerated to 4% in April, with economists warning that fuel-driven global price shocks — not…
Exclusive: Club Med deal exposes IDC governance failures
Allegations of governance failures have emerged over the IDC’s involvement in a R2.1bn Club Med Tinley leisure development
Greylisting isn’t the only test of South Africa’s financial system
With a review imminent, the country faces more than the risk of remaining greylisted. Outdated, costly global money transfers are undermining competitiveness, increasing trade…
Reserve Bank cuts interest rates to 7% in widely expected decision
With low inflation, the monetary policy committee said it is aiming for inflation to settle at 3% — the bottom of its target range — to spur economic growth
Reserve Bank to lower interest rates again, economists forecast
Economists are also watching out for whether the central bank will adjust the target for inflation, which for now remains within a 3-6% target band
From groceries to bonds: How a 3% inflation target will affect you
The Reserve Bank’s plan to narrow the inflation target to 3% for stability, lower costs and growth should be positive for households and businesses
Moeletsi Mbeki criticises ‘ruling political elites’ for ‘milking’ South Africa’s economy
The brother of former president Thabo Mbeki said the power of the ruling middle class must be diluted by the poor, the working class and property owners
Reserve Bank cuts rate by 25 basis points to 7.25%
The announcement comes as the bank foresees lower global interest rates and a weaker outlook for the local economy
Reserve Bank likely to leave interest rates unchanged on Thursday
Despite the global environment becoming less tense since the March meeting, the central bank will remain cautious, economists say
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
Has the Reserve Bank abandoned its economic growth mandate?
The central bank has maintained price stability but needs to focus on growth given the high unemployment rate.
Inflation eases to 2.7% year-on-year in March
The South African Reserve Bank is unlikely to cut interest rates next month, because of inflationary pressures that lie ahead
How blockchain could end public sector fraud
The technology’s unalterable digital trail would reduce fiscal leaks and prevent large-scale corruption draining the public purse