The SARB on Thursday said the gap between the repo rate and the prime rate did not affect the cost of borrowing for consumers.
The South African Reserve Bank has again ruled out pegging the rand against the dollar, it was reported on Wednesday.
The Reserve Bank unexpectedly cut its repo rate by 50 basis points to 6,5% on Thursday to help accelerate a recovery from last year’s recession.
SA’s current-account deficit has narrowed, the South African Reserve Bank said on Tuesday.
SARB Governor Gill Marcus on Tuesday accused a "small minority" of shareholders of not caring about the national interests of the country.
Finance Minister Gordhan is weighing the possibility of a new independent regulator for South Africa’s banks.
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/ 26 January 2010
The South African Reserve Bank left its repo rate steady at 7% on Tuesday, as expected.
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/ 26 January 2010
Responding to union calls for its nationalisation, the SA Reserve Bank pointed out that its independence was entrenched in the Constitution.
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/ 25 January 2010
Ahead of the Reserve Bank’s interest-rate decision, the DA has insisted that financial stability requires that the bank remains vigilant on inflation.
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/ 22 January 2010
The South African Reserve Bank is likely to keep interest rates steady next week.
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/ 15 December 2009
The mandate of the South African Reserve Bank should be changed, the Federation of Unions of South Africa said on Tuesday.
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/ 10 December 2009
SA’s current-account deficit inched lower to 3,2% of GDP in the third quarter of 2009.
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/ 7 December 2009
The country’s net reserves climbed in November, the South African Reserve Bank said on Monday.
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/ 27 November 2009
South Africa has appointed two senior central bank officials as advisers to Governor Gill Marcus with effect from December 1, the bank said on Friday.
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/ 19 November 2009
The recovery in the SA economy appears to be lagging behind that of the global economy, the SA Reserve Bank (SARB) said on Wednesday.
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/ 6 November 2009
Reserve Bank Governor Tito Mboweni bids farewell to the bank this weekend after a decade fighting inflation in a jovial and personable style.
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/ 4 November 2009
The South African Reserve Bank’s policy remains that of no intervention in the foreign exchange market, Deputy Governor Daniel Mminele said.
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/ 3 November 2009
Rising credit impairments at South African banks do not pose a major systemic threat to the financial sector, the central bank said on Tuesday.
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/ 23 October 2009
Reserve Bank governor Tito Mboweni has announced for the last time, that the repo rate was accordingly left unchanged at 7.00%.
South Africa’s economy may come out of recession later this year, the South African Reserve Bank’s deputy governor says.
Gill Marcus, who will succeed Tito Mboweni as governor of the South African Reserve Bank next month, joined as an adviser on Thursday.
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/ 30 September 2009
Credit data released by the Reserve Bank on Wednesday shows that consumers have been spending less.
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/ 22 September 2009
The South African Reserve Bank’s monetary policy committee on Tuesday decided to keep the repo rate unchanged at 7,0%.
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/ 21 September 2009
Shareholders want to be heard at the South African Reserve Bank’s annual general meeting, one of the shareholders, Mario Pretorius, said on Monday.
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/ 21 September 2009
SA’s central bank looks set to keep interest rates steady this week, with latest data suggesting the struggling economy could well be on the mend.
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/ 18 September 2009
The Reserve Bank is likely to leave interest rates unchanged at its policy meeting next week, as concerns about the ailing economy abate.
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/ 17 September 2009
The SARB will be in good hands under incoming governor Gill Marcus, Reserve Bank Governor Tito Mboweni said on Thursday.
The monetary policy committee of the South African Reserve Bank has cut the repo rate by 50 basis points.
The South African Reserve Bank (SARB) began its two-day meeting on interest rates on Wednesday morning, a spokesperson for the bank confirmed.
Many have tried to undermine the SA Reserve Bank (SARB)’s independence, outgoing governor of the bank Tito Mboweni said on Saturday evening.
South Africa’s central bank should pursue its objectives of maintaining price stability regardless of political pressure, Governor Tito Mboweni said.
<i>Niren Tolsi</i> takes a fashionista’s mirror to the changing seasons at the South African Reserve Bank.