Latest articles on South African Reserve Bank

Wealth taxes and loosening monetary policy is playing with fire

A response to the article ‘Tax the superrich and raise inflation to cut state debt, inequality and poverty’ in the M&G on 10 November

Further Reserve Bank repo rate cut unlikely this year

The central bank estimates that gross domestic product (GDP) to contract by 8.2% in 2020

Covid wave brings second quarter slide

The gross domestic product numbers are likely to be gloomy, but the economy is not at ground zero

South Africa gets $4.3bn IMF loan. In return, the country must reform

The loan, which is repayable over five years at an interest rate of 1.1%, comes with various self-imposed conditions such cutting the public wage bill and rationalising support to the state-owned entities

SA’s economy expected to contract by 7.2% in 2020

The economy is in a depressed state, and Finance Minister Tito Mboweni has called for cautious use of the country’s finances to avert plunging into a sovereign debt crisis

Small firms adapt or die in lockdown

The harmful economic effect of the pandemic has seen small businesses lose out, but others have been able to survive by changing to suit the times

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

This time, the IMF is not to be feared

The International Monetary Fund’s emergency funding is cheaper than other options and is low risk. The Reserve Bank creating money to finance government debt is a better option

Mogajane: SA will stay on growth path

Government’s response to the coronavirus is unlikely to counteract the expected sharp decline of the country’s gross domestic product

Covid-19 economic relief package gets a R800-billion boost

Finance Minister Tito Mboweni has outlined the fiscal and monetary policy interventions implemented by the government in its fight against Covid-19

No money to spare as GDP set to fall

With little money to respond to Covid-19, the government is looking at other sources of funding

GDP to contract 6.1% — Reserve Bank

The central bank warns of the harmful effect of Covid-19 on the economy, while the treasury details more plans to ease the pain

Mboweni’s tricky juggling act

Covid-19 has put a strain on the limping economy and something must be done to keep it going

Coronavirus and the economy: We didn’t prepare for tough times

South Africa was well-placed for the 2008 crisis. But R3.18-trillion debt and low growth hamper its ability to limit the economic effects of Covid-19

Municipal Workers Retirement Fund comes under scrutiny

Financial sector regulator turns its attention to fund’s board to probe its compliance with fiduciary duty requirements

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Construction sites are a ‘death trap’

Four children died at Pretoria sites in just two weeks, but companies deny they’re to blame

Koko claims bias before Zondo commission

In a lawyer’s letter, the former Eskom chief executive says the commission is not being fair to him

ConCourt asked to rule that Zuma must testify for 10 days next year

It is Zondo's legal end game and will leave the former president, his supporters and those implicated in state capture to increasingly play fast and loose at imputing political motive to the commission

Press Releases

World Aids Day

Huge strides have been made, but the fight against HIV is far from over, and Covid-19 has disrupted testing and treatments

How to get the most money for your old iPhone towards a new one

Cash in your old iPhone to upgrade to a new one or get a reduced rate on your monthly contract from your service provider

Gender-Based Violence

In South Africa, women live in fear. It’s difficult to speak out against the patriarchal system, but many have done so, and continue to do so

POWER Business #OnTheMoney talks to Risenga Maluleke, South African Statistician-General

If Stats SA is to really have timely data that’s accurate and remains relevant then we need to make sure that the institution is strengthened

Dr Sumy Thomas: Deciphering the human puzzle, from the inside out

The Discovery Foundation MGH Fellowship Award recipient for 2020 will focus on internal medicine, particularly the endocrine system of patients affected by HIV

Touching lives through innovation

Africa has a high youth population that adapts to technology quickly, and this phenomenon is something which should be taken advantage of

Festive Reading

In The Whistleblowers, Mandy Wiener talks to a wide range of the people who have revealed corruption and malfeasance in government and business

Centre for Women & Gender Studies

The CWGS aims to resuscitate the histories of African women from all walks of life in an intellectual cleansing/ukuhlambulula of her story