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South African Reserve Bank (Sarb) Governor Lesetja Kganyago. Picture: @SAReserveBank/Twitter

Lesetja kganyago

Kganyago assures account holders that Ubank will remain operational

By Ray White

The governor announced on Monday that Ubank had been placed under curatorship.

  • FILE: South African Reserve Bank Governor Lesetja Kganyago. Picture: @SAReserveBank/Twitter

    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.

    2 days ago
  • FILE: Reserve Bank Governor Lesetja Kganyago. Picture: GCIS.

    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.

    55 days ago
  • FILE: South African Reserve Bank Governor Lesetja Kganyago. Picture: @SAReserveBank/Twitter

    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.

    55 days ago
  • FILE: South African Reserve Bank Governor Lesetja Kganyago. Picture: @SAReserveBank/Twitter

    Increased inflation blamed for repo rate increase

    Reserve Bank Governor Lesetja Kganyago announced the MPC's decision on Thursday afternoon.

    111 days ago
  • FILE: South African Reserve Bank Governor Lesetja Kganyago. Picture: AFP

    SA Reserve Bank hikes repo rate to 4%

    Reserve Bank Governor Lesetja Kganyago on Thursday announced the MPC's decision in Pretoria.

    111 days ago
  • FILE: South African Reserve Bank Governor Lesetja Kganyago. Picture: @SAReserveBank/Twitter

    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%.

    181 days ago
  • FILE: South African Reserve Bank Governor Lesetja Kganyago. Picture: AFP

    Repo rate to increase to 3.75%

    South African Reserve Bank Governor Lesetja Kganyago made the announcement on Thursday afternoon at a press briefing.

    181 days ago
  • FILE: South African Reserve Bank Governor Lesetja Kganyago. Picture: AFP

    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.

    223 days ago
  • FILE: South African Reserve Bank Governor Lesetja Kganyago. Picture: @SAReserveBank/Twitter

    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.

    237 days ago
  • FILE: South African Reserve Bank Governor Lesetja Kganyago. Picture: @SAReserveBank/Twitter

    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.

    300 days ago
  • FILE: Reserve Bank Governor Lesetja Kganyago. Picture: GCIS.

    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.

    482 days ago
  • Picture: Facebook

    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.

    545 days ago
  • FILE: South African Reserve Bank Governor Lesetja Kganyago. Picture: AFP

    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.

    545 days ago
  • South African Reserve Bank (Sarb) Governor Lesetja Kganyago. Picture: @SAReserveBank/Twitter

    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.

    608 days ago
  • SA Reserve Bank Governor Lesetja Kganyago. Picture: Cindy Archillies/EWN

    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.

    637 days ago
  • FILE: South African Reserve Bank Governor Lesetja Kganyago. Picture: AFP

    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.

    644 days ago
  • FILE: South African Reserve Bank Governor Lesetja Kganyago. Picture: @SAReserveBank/Twitter

    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.

    644 days ago
  • FILE: South African Reserve Bank Governor Lesetja Kganyago. Picture: AFP

    Reserve Bank cuts repo rate 25 basis points to 3.5%

    The South African Reserve Bank Governor Lesetja Kganyago made the announcement on Thursday.

    664 days ago
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