South african reserve bank governor lesetja kganyago
Interest rate cuts unlikely this year, say economists
The Reserve Bank has projected two increases of 25 basis points in the second and third quarter of this year.
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Lockdown restrictions likely to mute economic growth in Q1 - Kganyago
South African Reserve Bank Governor Lesetja Kganyago said that it would take time for the country to get back to pre-pandemic output levels.
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Lungisa apologises for racist rant against Sarb governor Kganyago
The Reserve Bank governor agreed to drop his defamation case in which he was seeking R500,000 but only if Lungisa apologised publicly and retracted his verbal attack.
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Unchanged interest rate can still benefit prospective homeowners - Seeff
South African Reserve Bank Governor Lesetja Kganyago announced on Thursday that the repo rate would remain unchanged at 3.5%.
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SARB pleased its monetary policy softened COVID-19 blow on households
The Bank has decided to keep the repo rate unchanged at 3.5% after it had reduced the rate by 300 basis points so far this year.
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SARB Governor Lesetja Kganyago announces repo rate remains unchanged
Kganyago made the announcement during a briefing on Thursday afternoon.
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Kganyago hails Sarb's speedy response to COVID-19 crisis
South African Reserve Bank Governor Lesetja Kganyago said that the bank's COVID-19 response could be described as aggressive.
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Future repo rate decisions to be data dependent, says Kganyago
Reserve Bank Governor Lesetja Kganyago said that the bank would continue to monitor growth, inflation and other economic data before deciding on the direction of the repo rate in the future.
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Latest rate cut 'great stimulus' for property market - Seeff
With the repo rate being cut by another 25 basis points, prospective home owners are now looking at their options as houses become more affordable.
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Kganyago: SA must open up for investment and increase productivity
South African Reserve Bank (Sarb) Governor Lesetja Kganyago said that the country had nearly all the ingredients to obtain growth and create jobs and lift itself out of poverty but to do this, investment was key.
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Debate on Sarb’s mandate not evidence-based - Kganyago
While the debate was ongoing across the world, the South African Reserve Bank (Sarb) governor said that the local discourse over the fate of the central bank was not evidence-based.
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Kganyago: No policy room for Sarb to do more during COVID-19 crisis
SA Reserve Bank Governor Lesetja Kganyago said that wasted policy space since the 2008 global recession meant that there was little room for any more interventions from the bank.
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Kganyago expects economy to bounce back in 2021
South African Reserve Bank Governor Lesetja Kganyago said that inflation was stable and growth needed to be boosted.
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Reserve Bank cuts repo rate to 3.75%
Last month, the central bank cut the repo rate by 100 basis points.
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Reserve Bank cuts repo rate to 4.25%
SA Reserve Bank Governor Lesetja Kganyago said that inflation was under control for now but this could change and the bank has needed to act.
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Despite negative effects of COVID-19, SA economy will bounce back - Kganyago
The reserve bank governor on Thursday announced a reduction in the repo rate of 100 basis points to 5.25%.
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Kganyago announces repo rate cut to 5.25%
The repo rate is the rate at which the central bank lends money to commercial banks.
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Kganyago attributes repo rate cut to lower inflation figure
The central bank has reduced the repo rate to 6.25%, dropping the prime lending rate to 9.75%.
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Kganyago announces repo rate cut to 6.25%
The decision follows this week's Monetary Policy Committee meeting.
