Lesetja kganyago
Kganyago assures account holders that Ubank will remain operational
The governor announced on Monday that Ubank had been placed under curatorship.
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Kganyago: Ubank placed under curatorship, but will continue to operate
Ubank is a financial services provider and has been focusing on the gold and platinum mining communities.
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Kganyago: Impact of Russia-Ukraine war on oil prices affected repo rate hike
He said on Thursday this after announcing that the monetary policy committee had decided to increase the repo rate by 25 basis points.
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Kganyago: Repo rate increases by 25 basis points to 4.25%
South African Reserve Bank Governor Lesetja Kganyago said inflation was high due to a number of factors, including high electricity prices.
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Increased inflation blamed for repo rate increase
Reserve Bank Governor Lesetja Kganyago announced the MPC's decision on Thursday afternoon.
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SA Reserve Bank hikes repo rate to 4%
Reserve Bank Governor Lesetja Kganyago on Thursday announced the MPC's decision in Pretoria.
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Kganyago: Weaker rand, escalating wage demands led to repo rate was increase
The Reserve Bank has increased the rate by 25 basis points to 3.75%.
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Repo rate to increase to 3.75%
South African Reserve Bank Governor Lesetja Kganyago made the announcement on Thursday afternoon at a press briefing.
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Kganyago: Trade-offs essential to avoid debt that will burden future generations
He said politicians need to realise there was no such thing as a free lunch.
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Repo rate to remain unchanged at 3.5%
Reserve Bank Governor Lesetja Kganyago made the announcement on Thursday after a meeting of the Monetary Policy Committee.
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Kganyago: SA’s inflation still in check as repo rate remains unchanged
Governor Lesetja Kganyago announced the decision of the monetary policy committee on Thursday afternoon, saying the country's economy had continued to recover despite a number of setbacks.
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Repo rate to remain unchanged at 3.5%
This come after the bank's Monetary Policy Committee cut the repo rate by 275 basis points last year to try and counter the effects of negative growth due to COVID-19.
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Moody’s, S&P Global expected to release ratings assessment on SA today
The South African Reserve Bank's monetary policy committee announced on Thursday that rates would remain unchanged while the economy shows some signs of picking up.
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Reserve Bank keeps repo rate unchanged at 3.5%
Prior to Thursday's announcement, the bank's Monetary Policy Committee had cut the repo rate by 275 basis points this year to try and counter the effects of negative growth due to COVID-19.
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WATCH: Will the Reserve Bank drop the repo rate on Thursday?
The bank has reduced the rate by 300 basis points so far this year, in an effort to promote growth amid an economy suffering under the effects of the COVID-19 lockdown.
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Kganyago: Inflation least of SA’s concerns over the next few months
He was speaking at the Cape Town Country Club on Wednesday where he said he won't be drawn on whether there will be any further rate cuts to further cushion South Africans from the devastating effects of COVID-19.
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Kganyago: Adding unemployment to Sarb’s mandate will hurt its credibility
The bank has long been under pressure to take more drastic measures to revive growth with calls for it to slash lending rates and finance government through quantitative easing.
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Kganyago: SA's economic woes bigger than monetary policy
The Reserve Bank has long been under pressure to take more drastic measures to revive growth in Africa’s most advanced economy, with calls for the bank to slash lending rates and finance government through quantitative easing.
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Reserve Bank cuts repo rate 25 basis points to 3.5%
The South African Reserve Bank Governor Lesetja Kganyago made the announcement on Thursday.
