SAMRC appalled after French doctors say COVID-19 vaccine tests be done in Africa
Local
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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.
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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.
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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.
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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.
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Public Protector demands apology from Parliament
The demand is contained in a lengthy written response by Public Protector Busisiwe Mkhwebane to the committee.
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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.
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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.
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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.
