Sarb
Economists express mixed views on another interest rate cut
The South African Reserve Bank's Monetary Policy Committee had already cut the repo rate by 275 basis points this year to try and counter the effects of...
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Consumers urged to avoid pre-lockdown spending habits
DebtBusters’ COO, Benay Sager, said although inflation was at the bottom end of the Sarb’s target range at 3%, the reality for most people was that incomes were not going to increase.
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Sarb welcomes prosecution of high profile suspects accused of defrauding VBS
The central bank raised the alarm when VBS Mutual Bank couldn’t meet its obligations, leading to the two-year criminal investigations by the Hawks.
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Capitec skips dividend, full-year profits rise 19%
The South African Reserve Bank asked lenders to skip dividends for 2020 earlier in April to preserve capital for lending.
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Despite negative effects of COVID-19, SA economy will bounce back - Kganyago
The reserve bank governor on Thursday announced a reduction in the repo rate of 100 basis points to 5.25%.
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Kganyago attributes repo rate cut to lower inflation figure
The central bank has reduced the repo rate to 6.25%, dropping the prime lending rate to 9.75%.
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Kganyago announces repo rate cut to 6.25%
The decision follows this week's Monetary Policy Committee meeting.
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Sarb denies being uncooperative in Mkhwebane's VBS saga probe
The Public Protector released findings into 24 cases on Thursday, but steered clear of some of the much-anticipated prominent cases.
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Transformation in SA financial sector still lagging behind, Parly told
Treasury’s Ismail Momoniat said to be transformative, the financial sector should be working for all South Africans, helping them to save, borrow, take out insurance and transact.
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Repo rate to remain unchanged at 6.5%
The repo rate is the rate at which the central bank lends money to commercial banks.
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There's room for repo rate cut, some economists say ahead of rates announcement
On Wednesday, Stats SA announced that the headline consumer price index fell to 3.7% in October, down from 4.1% the month before.
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CARTOON: The Hits Keep Coming
By Dr Jack.
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Sarb governor says will look to keep lending rates predictable
The country suffered a decline in the first-quarter economic growth of 3.2%, the worst in a decade, as power outages by state utility Eskom hit mining, manufacturing and retailers.
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Kganyago says central bank debate 'damaging'
A debate over ownership of the South African central bank is increasing investor uncertainty and stoking the risk premium associated with the country’s debt, Governor Lesetja Kganyago said on Wednesday.
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Casac calls for impeachment of Mkhwebane
The organisation said Parliament should not waste any more time and begin proceedings to have the Public Protector impeached.
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Sarb-Absa report: 5 findings the ConCourt made against Mkhwebane
The majority judgment by Justices Sisi Khampepe and Leona Theron said the Public Protector's conduct warranted the personal costs order against her.
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Repo rate cut to 6.5%
The repo rate is the rate at which the central bank lends money to commercial banks.
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Reserve Bank expected to cut rates next week
Twenty-four of 30 economists in the survey taken over the past three days said the repo rate would be cut by 25 basis points to 6.50% on 18 July.
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Sarb governor re-appointed for another 5 years
President Cyril Ramaphosa has re-appointed central bank governor Lesetja Kganyago for another five-year term when his current term expires in November, the finance ministry said on Wednesday.
