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

Reserve bank governor lesetja kganyago

WATCH: Will the Reserve Bank drop the repo rate on Thursday?

By Ray White

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...

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

    Reserve Bank: Return of foreign investors not enough to boost economic growth

    On Thursday, the Reserve Bank governor announced that the repo rate was being lowered by 25 basis points.

    745 days ago
  • SA Reserve Bank Governor Lesetja Kganyago. Picture: AFP.

    SARB MPC expected to announce repo rate

    The crucial question is will the reserve bank be aggressive when cutting the repo rate to help accelerate the economy?

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

    Sarb governor says will go to war to protect independence

    The central bank governor said that he would not engage in internal ANC party squabbles, but he would strongly defend the central bank’s independence if it was threatened by any government proposals.

    1096 days ago
  • FILE: Reserve Bank Governor Lesetja Kganyago. Picture: GCIS.

    Sarb decision to cut repo rate broadly welcomed

    Governor Lesetja Kgayango announced on Thursday that the rate had been cut to 6.5%.

    1116 days ago
  • President Cyril Ramaphosa meets with the Board of the South Africa Reserve Bank (SARB) at the Sefako Makgatho Presidential Guesthouse in Tshwane. Picture: GCIS.

    Ramaphosa meets with Reserve Bank board over new appointments

    The meeting, was attended by the Deputy Finance Minister David Masondo and other representatives of the non-executive component of the bank's Board.

    1150 days ago
  • FILE: South African Reserve Bank Governor Lesetja Kganyago. Picture: AFP

    SA Reserve Bank to hold rates in Jan, hike in May - poll

    With global growth weakening, some economists expect no change in South African policy across the forecast horizon.

    1305 days ago
  • Picture: Supplied

    Consumers urged to be cautious with Black Friday spending

    With interest rates going up, consumers already hit by the high value-added tax, fuel prices and utility tariffs, will feel the pinch.

    1354 days ago
  • FILE: SA Reserve Bank Governor Lesetja Kganyago. Picture: GCIS

    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.

    1473 days ago
  • FILE: SA Reserve Bank Governor Lesetja Kganyago. Picture: Cindy Archillies/EWN

    SARB to talk tough, but hold steady – poll

    All 25 economists surveyed in the past week said the Reserve Bank would keep rates unchanged at 6.50% on 19 July.

    1488 days ago
  • FILE: Reserve Bank Governor Lesetja Kganyago. Picture: GCIS.

    ANC bid to nationalise Sarb will be costly, says Kganyago

    For the state to nationalise the Reserve Bank, it will have to buy out its shareholders, which will come at a hefty bill to the already strained fiscus.

    1530 days ago
  • The VBS Mutual Bank logo. Picture: vbsmutualbank.co.za

    Kganyago: Liquidity problems led to VBS being placed under curatorship

    The bank’s complete assets amount to R2 billion but R1 billion of that was withdrawn by municipalities after a ruling on mutual banks.

    1610 days ago
  • The Venda Building Society Mutual bank logo. Picture: vbsmutualbank.co.za

    Sarb: Curator to attempt to restore liquidity to VBS Bank

    Reserve Bank Governor Lesetja Kganyago announced on Sunday that VBS had been placed under curatorship but would remain operational.

    1610 days ago
  • FILE: SA Reserve Bank Governor Lesetja Kganyago. Picture: Gaye Davis/EWN

    Gigaba: SARB's Kganyago will be excellent IMFC chairperson

    SA Reserve Bank Governor Lesetja Kganyago becomes the first IMF chairperson from the sub-Saharan African region.

    1662 days ago
  • FILE: Reserve Bank Governor Lesetja Kganyago. Picture: GCIS.

    Kganyago: Political & policy uncertainty weigh on SA economy

    Reserve Bank governor Lesetja Kganyago says that a lack of action against corruption is weighing on business confidence.

    1768 days ago
  • FILE: SA Reserve Bank Governor Lesetja Kganyago. Picture: Cindy Archillies/EWN

    Kganyago: Sorting political logjam key to kick-starting economy

    Reserve Bank Govenor Lesetja Kganyago said that politics remained a key theme, especially as noise intensifies in the run-up to the ANC leadership contest in December.

    1774 days ago
  • Reserve Bank Governor Lesetja Kganyago. Picture: EWN.

    Sarb taking cautious approach to repo rate - Kganyago

    Reserve Bank Governor Lesetja Kgayago says inflation, poor business confidence, and political pressures are still impacting on the country's economy.

    1782 days ago
  • FILE: Reserve Bank Governor Lesetja Kganyago. Picture: GCIS.

    Another interest rate cut may be on the cards

    Economists are expecting the South African Reserve Bank to deliver a repeat performance of its July decision when it announced a 25 basis point cut.

    1782 days ago
  • SA Reserve Bank Governor Lesetja Kganyago. Picture: Gaye Davis/EWN.

    Kganyago: Economic transformation and inclusive growth the same

    The SA Reserve Bank governor says elements of radical economic transformation have become clearer over the last couple of months.

    1832 days ago
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