Former Kaizer Chiefs striker Marc Batchelor shot dead
Local
Reserve bank
Reserve Bank expected to cut rates soon
A median forecast from 24 economists, polled this week, suggests the economy will grow 0.6% this year, slower than last year’s 0.8% and weaker than the 1.1% predicted in a May poll.
-
ANC top 6 open up on Reserve Bank spat
The party said while it was its "desire for the South African Reserve Bank to be publicly owned", it recognised this was not prudent given the current economic and fiscal situation.
-
SA Reserve Bank still sees 2019 growth at 1.7%
Governor Lesetja Kganyago said rising fuel and electricity prices posed a domestic risk to the inflation outlook.
-
Deputy Reserve Bank governor resigns
Francois Groepe tendered his resignation last month to pursue outside opportunities.
-
Reserve Bank applies for VBS Mutual Bank to be liquidated
The Reserve Bank's Prudential Authority says that the final winding-up of VBS is in the best interests of all parties.
-
More Hawks members added to probe VBS Mutual Bank 'heist'
The Hawks say this will ensure there’s swift progress to find how almost R2 billion that was stolen.
-
KPMG says to cooperate with probes following VBS Bank looting report
A former partner at the firm Sipho Malaba scored R33 million from the R1 billion that was syphoned off.
-
Kganyago: Reserve Bank closely monitoring the rand
The volatile rand and possible rising inflation have been highlighted as just two factors that could see the Reserve Bank raise the repo rate in the near future.
-
Reserve Bank does not see Q2 economic contraction
Africa’s most industrialised economy grew by 3.1% in the final quarter of 2017, but contracted in the first quarter of this year.
-
Economists expect interest rate to remain unchanged
Consumers are already facing a substantial rise in the cost of living with rising fuel prices and increased VAT and bondholders are worried about further financial pressure.
-
VBS fined for failing to comply with financial laws
The details are contained in the SA Reserve Bank's 2017 Bank Supervision Department annual report which was released on Tuesday.
-
SA's growth recovery at risk from lack of policy clarity - central bank
The South African economy expanded by a surprising 1% in 2017 as agriculture recovered from a drought the year before, and the Treasury expects growth of 1.5% this year.
-
Motorists can expect some relief at the fuel pumps next month - Kganyago
Governor Lesetja Kganyago says oil price expectations have been adjusted upwards.
-
Sarb criticises ANC's plans to nationalise it
At the party’s policy conference earlier this year, ANC resolved that the central bank should be nationalised and have greater interaction with the finance minister.
-
Mkhwebane’s fitness to run office under spotlight again
Not only do the applicants want Mkhwebane to personally pay the costs of this application they want the court to declare that she has abused her office.
-
Why did Mkhwebane meet with Presidency prior to release of Bankorp report?
The Reserve Bank says just two weeks before releasing her final report, Mkhwebane met with the Presidency’s legal advisors.
-
Economists expect repo rate to remain unchanged
The repo rate has been left unchanged since March last year.
-
Call to change South African central bank mandate dubbed 'very serious risk'
Mkhwebane made her proposal at a Pretoria news conference on Monday where she delivered her findings on an apartheid-era bailout of Barclays Africa Group.
-
Corruption Watch: Mkhwebane SARB recommendations ‘out of line’
The Public Protector says the bank's monetary policy should change and it should no longer focus on protecting the value of the currency.
