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South african reserve bank
Kganyago announces repo rate cut to 6.25%
The decision follows this week's Monetary Policy Committee meeting.
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ANC warns Mboweni to toe party line on Sarb nationalisation
Finance Minister Tito Mboweni took to Twitter on Tuesday to ask what the ANC wanted to achieve by nationalising the bank.
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Sarb fines 5 banks for weaknesses in money laundering control measures
They are Standard Bank South Africa, Grobank, Ubank, Bank of China Johannesburg branch and HBZ Bank.
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Room for repo rate cut in January, says economist
Reserve Bank Governor Lesetja Kganyago cited a number of concerns, including stagnant growth and other headwinds for keeping the repo rate unchanged at 6.5%.
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Repo rate to remain unchanged at 6.5%
The repo rate is the rate at which the central bank lends money to commercial banks.
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Bill to nationalise SA's central bank back in Parliament
The reintroduction of the bill comes at an awkward time for President Cyril Ramaphosa, who is on an investment drive to boost an ailing economy.
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Low potential growth needs to be addressed, Sarb on economy
The bank said South Africa would keep paying a high rate of interest on the loans used to plug a widening budget deficit until its fiscal problems were addressed.
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Repo rate to remain unchanged at 6.5%
The repo rate is the rate at which the central bank lends money to commercial banks.
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Kganyago: Africa's economic outlook positive
South African Reserve Bank Governor Lesetja Kganyago made the remarks during a panel discussion at the World Economic Forum on Africa in Cape Town which ended on Friday.
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'Coining' it
The South African Mint launched a series of six new commemorative circulation coins as part of its ‘SA25 – Celebrating South Africa’. It launched the series in partnership with the South African Reserve Bank (Sarb) on Wednesday.
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Govt needs to stabilise its economic policies, warns Sarb’s deputy governor
The bank recently revised its growth outlook to 0.4 percent for this year.
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Economists not surprised by revised growth outlook of 0%
The South African Reserve Bank's MPC kept the repo rate unchanged.
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'There are still a number of challenges facing SA's economy'
Reserve Bank Governor Kganyago has announced that the repo rate will remain unchanged at 7 percent.
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Several factors hinder SA's economic growth
Economists have raised concerns over issues affecting the country's economic growth.
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Sarb leaves repo rate unchanged at 7%
The South African Reserve Bank has announced the repo rate will remain unchanged at 7%.
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Consumers warned to brace for looming fuel price increase
Lesetja Kganyago says oil-producing countries have put measures in place to increase fuel prices.
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Impounded Plane: Reserve Bank working to have money released
A corpse and SA banknotes worth millions, printed in Germany, were found on board the plane in Harare.
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Economists hope rand will regain more ground today
It has regained major ground against the dollar, pound and euro, following huge losses late last year.
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Mixed reaction to repo rate hike
Yesterday, the Reserve Bank announced that interest rates will increase to 6.25% as of today.
