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South African Reserve Bank

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Article
/ 18 September 2008

Belligerence abounds at Reserve Bank AGM

The attitude of one of the shareholders at the South African Reserve Bank’s 88th annual general meeting (AGM) was racist, Tito Mboweni said.

By Staff Reporter
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Article
/ 18 September 2008

SA banks weathering the global storm

South African banks have little direct exposure to the United States mortgage-backed securities market, says Reserve Bank Governor Tito Mboweni.

By Staff Reporter
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Article
/ 18 September 2008

Mboweni: Inflation expectations have deteriorated

Inflation expectations have deteriorated somewhat, Reserve Bank Governor Tito Mboweni told a bank shareholders’ meeting on Thursday.

By Evan Pickworth
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Article
/ 8 September 2008

Tito gone fishing

Tito Mboweni was in the news this week because he was quitting to go fishing. This seems to have changed after chatting to the ANC’s Gwede Mantashe.

By Kevin Davie
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Article
/ 5 September 2008

Huge pay hike for Mboweni

Reserve Bank Governor Tito Mboweni has received a pay increase of more than 25% in the past financial year, the SABC reports.

By Staff Reporter
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Article
/ 5 September 2008

Hold tight to Tito

President Thabo Mbeki presided over a rather grey administration.The groupthink he encouraged has been disastrous for our country.

By Staff Reporter
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Article
/ 4 September 2008

Mboweni: Inflation expectations discouraging

SA’s near-term inflation outlook remains disappointing and the central bank will consider the necessary steps to bring it within the target range.

By Staff Reporter
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Article
/ 2 September 2008

Mboweni: I will serve another term if asked to

Reserve Bank Governor Tito Mboweni said on Tuesday that he will complete his current term in August 2009, and if asked to serve another term, he will.

By Evan Pickworth
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Article
/ 29 August 2008

Mboweni will leave a mixed legacy

Reserve Bank Governor Tito Mboweni can be proud of implementing sound economic policies, but he has faced criticism for defending inflation targets.

By Phumza Macanda
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Article
/ 29 August 2008

Mboweni to step down next year

Reserve Bank Governor Tito Mboweni is to step down next year when his term of office expires, according to a media report on Friday.

By Staff Reporter
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Article
/ 29 August 2008

July credit, money supply growth slow

Private sector credit demand growth eased to 19,81% year-on-year in July, data showed on Friday, pointing to consumers slowly cutting back on debt.

By Staff Reporter
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Article
/ 25 August 2008

Is this the silver lining?

Consumers will be shrinking from the pain of high interest rates for a year or so more.

By RA©jane Woodroffe
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Article
/ 14 August 2008

Cosatu: ‘Small victory’, but rates must go down

If SA’s slide into recession is to be reversed, interest rates must not just remain unchanged but come down, says Cosatu.

By Staff Reporter
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Article
/ 14 August 2008

Attention turns to interest-rate decision

The South African Reserve Bank is expected to leave interest rates unchanged at the end of a two-day policy meeting on Thursday.

By Gordon Bell
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Article
/ 13 August 2008

All eyes on key MPC rates meeting

The South African Reserve Bank monetary policy committee’s rates meeting started on Wednesday morning.

By Evan Pickworth
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Article
/ 7 August 2008

Reserve Bank ‘cautious’ on reserve accumulation

In July the SA Reserve Bank maintained the slower pace of reserve accumulation, despite the strength of the rand, Nedbank’s economic unit says.

By Staff Reporter
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Article
/ 5 August 2008

Mboweni says let’s stick with inflation targeting ‘for now’

South Africa was better off with using inflation targeting as an instrument of monetary policy, the governor of the SA Reserve Bank said on Tuesday.

By Staff Reporter
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Article
/ 29 July 2008

August rate decision could go either way

The South African Reserve Bank’s August rate decision could go either way, Nedbank’s Economic Unit said on Tuesday.

By Staff Reporter
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Article
/ 29 July 2008

SA June credit growth quickens

Growth in demand for credit by South Africa’s private sector quickened in the year to June, data showed on Tuesday.

By Staff Reporter
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Article
/ 29 July 2008

SARB: Banking system remained stable in 2007

The SARB said on Tuesday that the South African banking system remained stable and banks were adequately capitalised during 2007.

By Staff Reporter
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Article
/ 28 July 2008

Has Tito Mboweni let power go to his head?

Should analysts and economists publicly raise concerns about issues that affect millions of South Africans, only to be condemned for doing so?

By Maya Fisher French
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Article
/ 25 July 2008

No new dawn

The secret talks between Morgan Tsvangirai and Robert Mugabe are not a "new dawn" for Zimbabwe, as some South African media seem to imagine.

By Staff Reporter
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Article
/ 17 July 2008

Mboweni: SA inflation causes generalised

The driving forces of inflation in South Africa have spread beyond food and fuel, Reserve Bank Governor Tito Mboweni said on Wednesday.

By Staff Reporter
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Article
/ 8 July 2008

SA banks largely unaffected by global woes

South Africa has a well-regulated and capitalised banking system which has been largely unaffected by the United States subprime market crisis.

By Staff Reporter
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Article
/ 8 July 2008

Reserve Bank: SA largely unaffected by subprime crisis

SA has a well-regulated and capitalised banking system that has been largely unaffected by the US subprime crisis, the Reserve Bank said on Tuesday.

By Staff Reporter
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Article
/ 7 July 2008

Reserve Bank accumulates reserves at faster pace

The South African Reserve Bank accumulated reserves at a faster pace in June, following two months where reserves only rose modestly.

By Staff Reporter
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Article
/ 7 July 2008

SA mints new Mandela birthday coin

South Africa launched a special coin on Monday as part of celebrations for the 90th birthday of former president Nelson Mandela.

By Staff Reporter
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Article
/ 30 June 2008

May credit growth ticks up to 19,74%

South Africa’s credit growth rose slightly to 19,74% year-on-year in May, slightly above forecasts, data showed on Monday.

By Staff Reporter
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Article
/ 24 June 2008

Greenspan says investors concerned about SA

Investors have concerns about South Africa, former Federal Reserve chairperson Alan Greenspan told a conference in Sandton on Tuesday.

By Janice Roberts
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Article
/ 15 June 2008

SA in for tough times after stretch of growth

SA is braced for a slowdown after a stretch of solid growth, as higher interest rates coupled with rising food and fuel costs are set to bite.

By Sibongile Khumalo
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Article
/ 12 June 2008

Mboweni says inflation outlook bleak

The South African Reserve Bank’s Monetary Policy Committee on Thursday decided to increase the repo rate by 50 basis points to 12%.

By Staff Reporter
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Article
/ 10 June 2008

MPC meets to discuss possible rate hike

The monetary policy committee (MPC) of the South African Reserve Bank starts a two-day meeting in Pretoria on Wednesday to discuss what to do about inflation being outside the target of 3% to 6%.

By Staff Reporter
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