Reserve bank
Sexwale adamant billions of rands from ‘fund’ were stolen by govt
After a few days of being told by many including the Reserve Bank that he had been scammed, Sexwale has hit back saying the money is real.
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How to spot a 419 scam
Internet scams seem to be getting the best of us - including some of South Africa's most successful businesspeople. So here's how to not pull a Sexwale.
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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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SA's credit growth slows to 7.37% year on year in April
Expansion in the broadly defined M3 measure of money supply quickened to 10.47% in April from 9.49% in March.
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SA Reserve Bank says lenders can handle coronavirus crisis
The country’s banks, some of the largest on the continent including Standard Bank and FirstRand, have seen profit growth slip in recent years, while risks from lending to the increasingly strained government and the economy have increased.
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Economists predict further repo rate cuts
The Reserve Bank announced on Thursday that it had cut the repo rate by 50 basis points to 3.75% in order to promote growth.
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Kganyago: MPC won’t hesitate to act if economy worsens
The central bank has announced an emergency repo rate cut of a hundred basis points to 4.25%.
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Repo rate reduction seen as good move for economy
Reserve Bank Governor Lesetja Kganyago announced a reduction in the repo rate of 100 basis points to 5.25%.
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‘Don’t make mass withdrawals’ - Reserve Bank urges people
The Reserve Bank is concerned about fake claims that it is recalling money from the public.
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Reserve Bank starts process to sell its 50% stake in African Bank
African Bank was placed under the central bank's control in 2014 after nearly collapsing under the weight of bad loans.
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Kganyago: Financial sector must be prepared for climate change-related problems
Reserve Governor Lesetja Kganyago is among global leaders in Davos at the World Economic Forum, which would discuss global warming and climate change as talking points.
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SA growth expectations declining despite repo rate drop - economist
Reserve Bank Governor Lesetja Kganyago announced on Thursday that the repo rate had been reduced by 25 basis points to 6.5%.
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Will the Reserve Bank cut the repo rate?
Economists say there were several factors that were in favour of a drop in the repo rate.
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Poll: Reserve Bank to keep repo rate at 6.5%
All but three of the 24 economists surveyed over the past three days said the repo rate would be kept unchanged at 6.5% on 16 January.
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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.
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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.
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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.
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Deputy Reserve Bank governor resigns
Francois Groepe tendered his resignation last month to pursue outside opportunities.
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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.
