Gill Marcus keeps rates on hold.
The South African Reserve Bank’s monetary policy committee has announced that the repo rate needs to remain constant to build a "stable" environment.
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/ 18 January 2012
Fedusa says the South African Reserve Bank should cut the repo rate by at least 100 basis points to stimulate the economy and create jobs.
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/ 13 January 2012
The World Bank has identified South Africa and Tanzania as having some of the highest costs for remittance payments in the world.
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/ 26 December 2011
The last week of the year is typically economically uneventful, with the exception of a potential credit downgrade to France, the story is the same.
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/ 20 December 2011
The presidency has appointed Francois Groepe as deputy governor of the South African Reserve Bank.
Homeowners with mortgages can take up offers not seen in the market for a long time.
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/ 7 December 2011
Growth in South Africa’s retail sales has slowed more than expected in October, suggesting interest rates will stay low for longer.
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/ 23 November 2011
Statistics South Africa says Consumer Price Inflation accelerated in October to 6% year-on-year after economists expected growth to reach 5.9%.
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/ 16 November 2011
SA’s current fiscal predicament is partly due to the severity of economic shocks but also because of the inefficiency of product and labour markets.
Reserve Bank governor Gill Marcus says the monetary policy will maintain its focus on hitting a 3% to 6% inflation target over the medium term.
Reserve Bank governer Gill Marcus cites global and local risk factors in holding rates steady.
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/ 10 November 2011
The Reserve Bank is under pressure to balance the potential of a full-blown financial crisis in Europe with weak growth domestically.
The South African Reserve Bank has left the repo rate unchanged at 5.5%.
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/ 7 November 2011
As SA’s Reserve Bank considers interest rates this week, global interest remains fixed on the drama enveloping Europe, writes <b>Matt Quigley</b>
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/ 19 October 2011
Increases in inflation and retail sales figures point to a steadily recovering consumer, which bodes well for the South African economy.
The Reserve Bank’s note about the economy has hinted at a chance of a rate cut, despite a stronger-than-expected performance in the factory sector.
Rising inflation and the slowing pace of growth in emerging markets will cloud the outlook of these countries for years to come, says Gill Marcus.
The global economy is close to another "Lehman-type" event and SA needs to cushion itself by reducing its dependence on European export markets.
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/ 23 September 2011
The Reserve Bank kept interest rates steady on Thursday, after a sharp overnight depreciation of the rand and amid darkening expectations.
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/ 22 September 2011
While the Reserve Bank has left the repo rate unchanged at 5.5%, economists warn that inflation will further pressurise the country’s economy.
In line with market expectations, Reserve Bank governor Gill Marcus says the repo rate will stay at 5.5%, its lowest level in 30 years.
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/ 22 September 2011
The rand bounced from two-year lows against the dollar but remained vulnerable as investors dumped high risk assets.
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/ 20 September 2011
The sARB’s leading business cycle indicator fell by 0.9% in July, suggesting the second quarter’s slow pace of growth has continued into the third.
Inflation in SA remains "highly persistent" although pressures have been contained by weak demand and a relatively strong rand, says Pravin Gordhan.
Strategies to weaken the rand are not guaranteed to work, and such options are limited now that the state’s budget is in deficit, says Gill Marcus.
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/ 13 September 2011
The pace of spending in the economy slowed sharply in the second quarter — partly as household consumption eased — but investment has picked up.
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/ 13 September 2011
The economic growth rate slowed in the second quarter as manufacturing, agriculture and mining activity waned, the South African Reserve Bank said.
The South African Reserve Bank’s leading business cycle indicator fell by 1.6% in May compared with April, the central bank said on Tuesday.
A 4 percentage point difference on a home loan can mean a big difference in payments.
The South African Reserve Bank has left the repo rate unchanged at 5.5% and the prime rate at 9%.
South Africa’s targeted consumer inflation quickened to its highest level in 15 months in June, but it was not in line with market expectations.