Distributed ledger technology, most commonly used to trade and store cryptocurrencies, could have a massive impact on the traditional financial system
Rautenbach’s retail track record put him in good stead — and inadequate succession planning helped too
Consumer inflation is expected to remain close to the central bank’s 6% ceiling, amid war-induced oil price rally
The central bank announced it would dispose of its 50% shareholding given its potential conflict of interests as a regulator
The slowdown was helped by lower fuel prices. But this relief was temporary, as February saw another petrol hike
The volume of new mortgage applications reached multi-year highs amid record low interest rates
The monetary policy committee has voted to lift the repo rate by another 25 basis points as advanced economies mull policy tightening
Elevated inflation has become a stubborn feature of the global economy’s recovery from the Covid-19 slump and central banks have been forced to react
Lockdown restrictions will continue to disrupt global value chains and support rising inflation that will require aggressive rate hikes
Covid-19 cast the economy adrift, but a less punishing new phase of the pandemic could set it back on track
Without tighter capital controls, regulating the flow of money in and out of their economies, Turkey and South Africa are vulnerable to the whims of the financial markets
The central bank has been criticised for hiking interest rates to the detriment of employment
Absa announced that the businessman was removed from its boards after being accused of acting against the banking group’s best interest
Critics have said the repo rate hike will jeopardise already sluggish economic growth, but others say the gradual increase will have little effect
The decision to hike the repo rate by 25 basis points comes in the wake of red-hot inflation in advanced economies and fears policymakers will start to dial back on accommodative measures
Global inflation has surprised on the upside, which may factor into whether the Reserve Bank’s monetary policy committee decides to raise the interest rate on Thursday
‘I protected Pityana’s job’
The mining company’s former board chairperson has accused his replacement of engineering a sexual harassment complaint to get him out
Analysts say the Reserve Bank could start tightening monetary policy as early as next month
‘Squid Game’ is an explicit critique of the current mode of capitalism. But far too much popular discourse has overlooked or neglected its sociopolitical messages.
A start-up Act that changes exchange control, tax and labour laws will help innovation-driven tech start-ups thrive
The governor of the Reserve Bank asks what role a state bank would play in a country where more than 80% of the population has access to financial services
The bank’s chief risk officer says banks can’t stand on the sidelines of the climate crisis debate
Inflation rose well beyond the Reserve Bank’s midpoint target in August
In South Africa, a strong trade surplus, buoyed by robust commodity prices, will cushion our economy against pressure arising from US policy
The bank took a knock after being labelled a loan shark by the short seller, but this has not stymied its growth
The economy grew for the fourth consecutive quarter, but the country is playing catch-up to its peers
Statistics South Africa has overhauled its GDP data, which now show that the economy was 11% larger in 2020 than previously estimated
Food inflation was unchanged at 6.7% in July, but remained elevated on continued upward pressure from prices for meat and the oils and fats category.
The mining industry is riding a wave that will eventually crash, analysts warn
The Thursday-night discussion was held a week after riots gripped the nation, renewing calls for a basic income grant
Last week’s violence will likely slow South Africa’s economic growth, the central bank’s monetary policy committee said on Thursday afternoon