The SCA ordered the Reserve Bank to pay R250m to the billionaire who plans to use the money to support constitutional court cases against the state.
There are capable candidates who could replace her, although choices outside the bank are thin.
Gill Marcus said she will step down from her post when her term ends in November, leaving room for one of her deputies to succeed her.
Concerns are growing that the state may be in for more bad debt than expected with African Bank.
GDP data is expected to show SA rebounded from a contraction but there still remains little momentum to spur economic growth.
Analysts have asked why regulators did not act sooner to avert the African Bank crisis.
The Reserve Bank has placed the sinking lender under curatorship in a bid to save investors.
The South African local currency is expected to continue strengthening as low volatility and high returns attract investors.
Bonds are rallying after the Reserve Bank’s hiked rates in an effort to assure South Africans and investors that inflation will not run away.
Economists are split on whether the South African Reserve Bank’s Monetary Policy Committee will hold or hike interest rates on Thursday.
Investors and economists will be eager to hear if the South African Reserve Bank will keep the repo rate on hold at 5.5% on Thursday.
South Africa’s latest mining and manufacturing data are the highlights of an otherwise light domestic economic calendar this week.
But analysts agree that providing better guidance and more transparency can be difficult.
The Reserve Bank says the outflows from bond and equity markets since January has been double the entire amount that flowed into our shore in 2013.
The SA Reserve Bank forecasts consumer inflation in the continent’s number two economy will average 6.3% in 2014. Here’s your economic week ahead.
Trade and tax data have improved the outlook marginally, but consumer spending remains cautious.
Interest rates will remain unchanged, Reserve Bank governor Gill Marcus has announced, adding that the MPC’s decision was split.
The former labour minister and reserve bank governor may be planning a return to politics as he steps down as AngloGold Ashanti’s chairperson.
The currency has rebounded in anticipation of inflation data and higher than expected numbers could spell an end to the rand’s weakness.
America’s monthly jobs report and a slew of central bank meetings will dominate this week’s economic calendar.
Reserve Bank governor Gill Marcus believes that while adjustments to tapering will be trying, it is ultimately good news.
Speculation over whether the US Fed will begin tapering sees the rand drop ahead of a decision.
Bonds rose on news that retail sales missed estimates, encouraging speculation that interest rates will remain unchanged for longer.
The Reserve Bank is keeping a watchful eye on whether the US will default on its debt payments.
The rand has reached its highest level since August 9 following Lawrence Summers removing his bid for Federal Reserve chairperson.
Monetary policy decisions by the US Federal Reserve and SA Reserve Bank will keep economists and investors on the edge of their seats this week.
The SA Reserve Bank deputy governor has assured the public that the bank will react should inflation breach the 6% mark for a prolonged period.
Credit growth is likely to remain subdued during the second half of the year, says an expert.
Billionaire entrepreneur Mark Shuttleworth’s bid to have South Africa’s entire exchange control system declared unconstitutional has failed.
The South African Reserve Bank has announced it would keep the repo rate unchanged at 5%.
The SA Reserve Bank will announce its latest rates decision. No change is expected as policymakers balance inflation risks against growth concerns.
Following its monetary police committee’s three-day meeting, the South African Reserve Bank has left the repo rate at 5% for the third time.