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A screenshot of former Reserve Bank governor Gill Marcus at the PIC inquiry on 28 January 2019.

Gill marcus

Marcus says More equally to blame for PIC mess

By Kgomotso Modise

Through most of Matshepo More's testimony, Gill Marcus asked her to give insight on what she knows about the running of the PIC and not to refer the...

  • A screenshot of former Reserve Bank governor Gill Marcus at the PIC inquiry on 28 January 2019.

    Gill Marcus concerned about extent of PIC damage caused by Steinhoff collapse

    The PIC bought shares worth R9.3 billion off Steinhoff through a loan with black empowerment company Lancaster 101 in 2016.

    1132 days ago
  • A screenshot of former Reserve Bank Governor Gill Marcus at the PIC inquiry on 28 January 2019.

    Marcus asks why identity of PIC 'whistle-blower' not yet established

    Former Reserve Bank Governor Gill Marcus is serving as the assistant commissioner at the PIC commission of inquiry into allegations of corruption and dubious investments.

    1203 days ago
  • The commission of inquiry into the Public Investment Corporation (PIC) got underway on Monday, 21 January 2018. Picture: SABC Digital News/youtube.com

    [WATCH LIVE] Mpati, Marcus get PIC inquiry underway

    President Cyril Ramaphosa signed off on a wide-reaching judicial commission of inquiry last year after the PIC became the focus of persistent reports about alleged impropriety and dubious investments.

    1211 days ago
  • Investment Corporation. Picture: pic.gov.za

    PIC inquiry to look into governance issues, investment decisions

    The Public Investment Corporation (PIC) has been the focus of persistent reports about alleged improprieties and has been linked to dubious investments.

    1306 days ago
  • Picture: Supplied

    Panel recommends Sassa officials be probed over roles in grant payment crisis

    The panel, which is overseeing a process to migrate the social grant payment scheme, has delivered a second scathing report to the Constitutional Court on the agency’s handling of the situation.

    1637 days ago
  • Reserve Bank Governor Gill Marcus. Picture: AFP.

    Marcus: Wage hikes of over 8 percent unsustainable

    Marcus says one of the consequences that is of great concern is increased unemployment.

    2748 days ago
  • Picture: Reinart Toerien/EWN.

    Reserve Bank defends inflation targeting policy

    The bank says it had helped reduce price pressures and contributed to more favourable economic growth.

    2755 days ago
  • Lesetja Kganyago is congratulated by outgoing SA Reserve Bank governor Gill Marcus (R) after it was announced by President Jacob Zuma (L) that he will become the new SA Reserve Bank governor in Pretoria on Monday, 6 October 2014. Picture: Sapa.

    Kganyago: I thrive on a challenge

    The new Reserve Bank governor says improving SA's slow growing economy isn't going to be an easy task.

    2777 days ago
  • President Jacob Zuma has announced the appointment of Lesetja Kganyago as Reserve Bank Governor. Picture: Reinart Toerien/EWN.

    New Reserve Bank governor appointed

    Lesetja Kganyago will replace Gill Marcus as governor of the South African Reserve Bank.

    2779 days ago
  • FILE: The rand has reached fresh 7-month low alongside news of Gill Marcus’s departure from the SA Reserve Bank. Picture: Supplied

    SA rand under pressure with Marcus departure

    The rand has reached fresh 7-month low alongside news of Gill Marcus’s departure from the SA Reserve Bank.

    2796 days ago
  • Reserve Bank Governor Gill Marcus. Picture: AFP.

    All eyes on Zuma for Marcus replacement

    The Banking Association of SA says Zuma should appoint a replacement sooner rather than later.

    2796 days ago
  • Governor of the South African Reserve Bank Gill Marcus has called it quits after announcing she will step down in November. Picture: AFP.

    Cosatu: Gill Marcus is a good listener

    Cosatu says while it doesn't agree with the policy of inflation targeting, it will still miss Marcus.

    2796 days ago
  • FIL: The rand fell to 11.1095/dollar after Gill Marcus's announcement, its softest level since late February. Picture: EWN.

    Rand hits 7-month low as Marcus signals exit

    Marcus gave no clues about her successor but said Zuma would be able to draw on a “strong talent pool”.

    2797 days ago
  • South African Reserve Bank Governor Gill Marcus. Picture: AFP.

    Zuma thanks Marcus for 'excellent service'

    Marcus announced this afternoon that she will stand down on 8 November at the end of her 5-year term.

    2797 days ago
  • Reserve Bank Governor Gill Marcus. Picture: Sapa.

    Marcus steps down as SARB governor

    Marcus says she will step down on 8 November at the end of her 5-year term.

    2797 days ago
  • The South African Reserve Bank's Monetary Policy Committee  has decided to keep interest rates on hold at 5.75 percent. Picture: EWN.

    Interest rates to remain unchanged

    This means the repo rate will remain fixed at a rate of 5.75%.

    2797 days ago
  • African Bank Investments Limited. Picture: Abil

    African Bank still open for business

    African Bank was placed under curatorship after losing 90% of its value last week.

    2835 days ago
  • SA Reserve Bank Governor Gill Marcus has said the economy and the Reserve Bank are now in an interest rate hiking cycle. Picture: AFP.

    SA await interest rate announcement

    Economists are divided about whether the SA Reserve Bank will increase interest rates today or not.

    2860 days ago
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