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South African Reserve Bank

Fragile rand remains a concern as Reserve Bank’s MPC meets
Article
/ 18 March 2013

Fragile rand remains a concern as Reserve Bank’s MPC meets

South Africa’s monetary policy committee is due to discuss interest rates this week and the rand’s weakness is most likely to dominate the agenda.

By Nickolaus Bauer
No repo rate Christmas bonus from Reserve Bank
Article
/ 23 November 2012

No repo rate Christmas bonus from Reserve Bank

The South African Reserve Bank has announced it would stick to its accommodative stance on monetary policy.

By Staff Reporter
Madiba bank notes enter circulation
Article
/ 31 October 2012

Madiba bank notes enter circulation

The South African Reserve Bank says new bank notes featuring the face of former president Nelson Mandela will enter circulation on November 6.

By Sapa
Grim outlook puts businesses off debt
Article
/ 26 October 2012

Grim outlook puts businesses off debt

Unsecured lending continues to boom in households but it appears that corporates have lost their credit appetite.

By Staff Reporter
No image available
Article
/ 5 October 2012

Wildcat strikes tear into economy’s growth

As unprotected strikes continue to spread across SA, the effect on domestic growth for the third quarter will affect output in 2013.

By Staff Reporter
Economic week ahead: Spain bailout hopes
Article
/ 24 September 2012

Economic week ahead: Spain bailout hopes

European events are likely to set the tone for global markets this week as speculation mounts that Spain may request a formal bailout from neighbours.

By Matt Quigley
Domestic issues weigh on the rand
Article
/ 21 September 2012

Domestic issues weigh on the rand

Food and petrol price rises are expected to pose the greatest risk to inflation in the near future.

By Staff Reporter
Marcus says no need for more slack, repo rate stays at 5%
Article
/ 20 September 2012

Marcus says no need for more slack, repo rate stays at 5%

The South African Reserve Bank has left the repo rate unchanged at 5%, saying there was no need for more monetary loosening.

By Reuters
Economic week ahead: Basking in the afterglow
Article
/ 17 September 2012

Economic week ahead: Basking in the afterglow

The Fed and ECB’s open-ended stimulus programmes have lifted markets around the world, writes Matt Quigley. Will the rally continue?

By Matt Quigley
Analysts unimpressed by economy’s mixed results
Article
/ 14 September 2012

Analysts unimpressed by economy’s mixed results

The economy produced a mixed bag of news in the second quarter of the year, as reflected in the Reserve Bank’s Quarterly Bulletin.

By Faeeza Ballim
South Africa suffers shock current account deficit hit
Article
/ 11 September 2012

South Africa suffers shock current account deficit hit

SA’s current account recorded its largest deficit in nearly four years in the second quarter of 2012 as exports fell due to subdued external demand.

By Xola Potelwa
Shareholders give Gill Marcus a thumbs up
Article
/ 3 August 2012

Shareholders give Gill Marcus a thumbs up

Despite making substantial losses, the Reserve Bank’s financial statements have been approved, writes Lisa Steyn.

By Staff Reporter
Economic week ahead: Pressure on central banks
Article
/ 30 July 2012

Economic week ahead: Pressure on central banks

New data this week will clarify the challenges the world faces. Here’s your guide to the meetings, data releases and events likely to move markets.

By Matt Quigley
South African Reserve Bank cuts repo rate to 5%
Article
/ 19 July 2012

South African Reserve Bank cuts repo rate to 5%

South African Reserve Bank governor Gill Marcus has announced a cut in the repo rate by 50 basis points to 5%.

By Staff Reporter
Economic week ahead: Interested in a rate cut?
Article
/ 16 July 2012

Economic week ahead: Interested in a rate cut?

With price pressures easing and growth slowing, a rate cut is possible when the reserve bank issues its rates decision this week, writes Matt Quigley.

By Matt Quigley
Rate cut on the cards as May inflation slows
Article
/ 20 June 2012

Rate cut on the cards as May inflation slows

Consumer inflation has slowed to within the reserve bank’s 3% to 6% target range in May, raising expectations of an interest-rate cut this year.

By Reuters
Economic week ahead: Postponing the reckoning
Article
/ 18 June 2012

Economic week ahead: Postponing the reckoning

This week sees a host of meetings in America and Europe as market relief over Greece’s new pro-austerity leaders takes pressure off eurozone crisis.

By Matt Quigley
Nationalise SA’s banks too, says Numsa
Article
/ 22 May 2012

Nationalise SA’s banks too, says Numsa

All key economic sectors in South Africa, including mining and banking, should be nationalised, Numsa has proposed in a policy discussion document.

By Sapa
The economic week ahead: Europe’s existential crisis
Article
/ 21 May 2012

The economic week ahead: Europe’s existential crisis

The eurozone crisis should steal the show this week, while in SA the Reserve Bank is considering interest rates, and inflation is in the spotlight.

By Matt Quigley
The economic week ahead: Merkozy out, Merde in
Article
/ 7 May 2012

The economic week ahead: Merkozy out, Merde in

Beyond French election results, central bank speeches in the US, production figures in Europe and key releases in SA, it will be an interesting week.

By Matt Quigley
No image available
Article
/ 4 May 2012

Credit sector shows some growth

The uptick in credit sector has been driven by the demand for unsecured loans, but the reserve bank is not concerned.

By Staff Reporter
No image available
Article
/ 18 April 2012

Inflation settles within target range

Headline inflation slowed in March to within target range for the first time in four months, suggesting inflation may undercut the forecasts.

By Xola Potelwa
No image available
Article
/ 30 March 2012

Caution tarnishes the silver lining

Despite signs of economic growth, inflation and energy fears have put a damper on South Africa’s economic forecasts.

By Lisa Steyn
Repo rate left unchanged
Article
/ 29 March 2012

Repo rate left unchanged

The South African Reserve Bank has left the repo rate unchanged at 5.5%, while the prime rate will stay at 9%.

By Staff Reporter
Don’t expect change on interest rates, say economists
Article
/ 29 March 2012

Don’t expect change on interest rates, say economists

The South African Reserve Bank will leave interest rates unchanged for the foreseeable future should economic conditions persist, economists predict.

By Nickolaus Bauer
Reserve Bank shows slow growth in SA economy
Article
/ 19 March 2012

Reserve Bank shows slow growth in SA economy

The Reserve Bank’s bulletin for the fourth quarter of 2011 shows slow and steady growth in the SA economy but with potential to improve.

By Staff Reporter
No image available
Article
/ 2 March 2012

SA banks not immune from money market madness

Moody’s has cut the rating of South Africa and the banking sector by a notch. This means the government’s infrastructure ambitions have to be trimmed.

By Kevin Davie
Figures reveal trillions in SA economy
Article
/ 2 March 2012

Figures reveal trillions in SA economy

South African Government needs to tap in to private sector cash to fund infrastructure development, writes Lynley Donnelly.

By Lynley Donnelly
Reserve Bank speculation spooks rand
Article
/ 11 February 2012

Reserve Bank speculation spooks rand

The rand tumbled over 2% against the dollar after the Reserve Bank announced there would be an important weekend statement.

By Staff Reporter
Reserve Bank’s Gill Marcus not stepping down
Article
/ 10 February 2012

Reserve Bank’s Gill Marcus not stepping down

Contrary to speculation that Gill Marcus is leaving the Reserve Bank, the "announcement of national importance" on Saturday will be "celebratory".

By Sharda Naidoo
Reserve Bank’s Gill Marcus not stepping down
Article
/ 10 February 2012

Reserve Bank’s Gill Marcus not stepping down

Contrary to speculation that Gill Marcus is leaving the Reserve Bank, the "announcement of national importance" on Saturday will be "celebratory".

By Sharda Naidoo
If you’ve got a job, be happy
Article
/ 20 January 2012

If you’ve got a job, be happy

But South Africa’s economic prospects are looking rosy, with Africa presenting many opportunities.

By Maya Fisher French
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