Gill Marcus
latest news & developments
Will Lesetja Kganyago surprise markets with interest rates decision?
The Reserve Bank’s decision to hike or not to hike interest rates is most acutely felt in this segment of society, people who are first-time home or vehicle buyers and more often…
Hawkish Reserve Bank sees South Africa edge towards a rates hike
Analysts say the Reserve Bank could start tightening monetary policy as early as next month
Matjila: I was under immense political pressure to fund various companies
Former PIC CEO testifies that the asset manager was persuaded by influential people, including senior political figures, to fund companies
Politicians on the board of the PIC do not expose it to undue influence — Gungubele
The deputy finance minister does not believe that having a politician on the board exposes the institution to political interference
PIC commission to hear from a former board member
Claudia Manning will be speaking for the first time since she stepped down from the PIC
Ramaphosa appoints commission of inquiry into alleged PIC ‘improprieties’
The president has instituted a commission to probe allegations of irregularities at the PIC in hopes of ensuring its ‘sound financial management’
Reserve Bank asks police to probe secrecy breach
The bank is concerned that a former director – a Holocaust denialist – has betrayed confidentiality with "scurrilous allegations" in his book.
Tough task awaits new Reserve Bank boss Lesetja Kganyago
New governor designate of the SA Reserve Bank, Lesetja Kganyago, will have to deal with steadily rising inflation and lacklustre economic growth.
Lesetja Kganyago named new Reserve Bank governor
Current deputy governor Lesetja Kganyago has been appointed as Gill Marcus’ replacement when her term as head of the bank ends in November.
Marcus will be a hard act to follow
There are capable candidates who could replace her, although choices outside the bank are thin.
Domestic outlook weak as repo rate remains unchanged
The Monetary Policy Committee’s says it was mindful of the anaemic state of the economy when deciding to leave rates unchanged.
Marcus to step down as Reserve Bank Governor
Gill Marcus said she will step down from her post when her term ends in November, leaving room for one of her deputies to succeed her.
Jitters over current account deficit
A surprise widening of the current account deficit has been attributed to the high volume of imports and dividend and interest payments.
African Bank splits to isolate loans in Reserve Bank rescue
The Reserve Bank has placed the sinking lender under curatorship in a bid to save investors.
Rand bonds revel as Marcus finesses policy
Bonds are rallying after the Reserve Bank’s hiked rates in an effort to assure South Africans and investors that inflation will not run away.