Nersa: Eskom tariff hike decision depends on its financial prudence
Business
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Sarb cautious about more rate cuts
South Africa’s consumer price inflation stood at 4.8% year-on-year in August. Statistics South Africa is due to publish the September print on Wednesday.
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Sarb: Risks too high for repo rate cut
Deputy Governor Kuben Naidoo believes that the key to kick-starting the economy is confidence.
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Sarb takes wait-and-see approach to cryptocurrencies
Deputy governor Kuben Naidoo touched on the subject at the Monetary Policy Forum in Cape Town on Tuesday night.
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Sarb still expected to cut repo rate later this year
Economists say the rand and the risks such as political noise will playing a major role.
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Sarb concerned about KPMG’s accounting practices
Governor Lesetja Kganyago says the institution will approach banks and audit firms primarily to understand the context of the fallout.
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Why South Africa can cut rates this week
The latest Reuters poll suggests the Sarb will cut its benchmark repo interest rate by another 25 basis points, taking it to 6.50%.
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DA to initiate removal proceedings against Mkhwebane over CIEX conduct
It emerged on Tuesday that the SA Reserve Bank is accusing Mkhwebane of colluding with the Presidency and the State Security Agency to attack the central bank.
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Mkhwebane defends meeting with Presidency before Bankorp report release
Advocate Busisiwe Mkhwebane says she met with the Presidency because the office specifically requested a meeting to clarify some issues.
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Judge: Mkhwebane risks being labelled incompetent, a hypocrite
Judge John Murphy noted that the Public Protector’s preliminary report was not issued to interested parties to comment on before the final remedial action was ordered.
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Sarb launches new application over Mkhwebane’s report
This is separate from the application that was heard on Tuesday, where judgment was reserved.
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Kganyago: Tensions between Sarb, Treasury normal
Lesetja Kganyago says 'tensions' sometimes exist between the bank's monetary policy and Treasury's fiscal policies.
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Political pressure on Sarb will not succeed - Kganyago
South African Reserve Bank Governor Lesetja Kganyago says politicians couldn't exert power over the central bank even if they tried.
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Kganyago: We did not expect Mkhwebane’s findings
Lesetja Kganyago says despite his initial shock, he does welcome debate around the mandate of institutions.
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Sarb: Mkhwebane failed to understand the issue
Sarb wants the court to overturn Busisiwe Mkhwebane's findings that the mandate of the institution be changed from protecting the currency value.
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Kganyago: Policy uncertainty hurts investor confidence
The Governor says the government’s top priority should be to ensure policy certainty, especially in crucial sectors such as mining and agriculture.
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Sarb: Application to overturn Mkhwebane’s remedial action ‘urgent’
The Reserve Bank has argued that the remedial action ordered by the Public Protector to have its mandate changed had a damaging effect on the country.
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Lesetja Kganyago: Sarb independence not under threat
Concerns had been raised around meddling after Busisiwe Mkhwebane recently recommended a change in the bank's mandate.
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[OPINION] SA needs a sensible debate about Reserve Bank
There's a raging debate in South Africa about the role of its central bank. This is inevitable given that so much is changing in the world of central banking and in economic life.
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Analysts: Mkhwebane’s Sarb findings hammered rand
Markets reacted quickly and at close on the afternoon of her announcement, the currency was trading at just over R13 to the greenback.
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[LISTEN] 'Mkhwebane simply made a legal crafting error'
Advocate Busisiwe Mkhwebane asked Parliament to amend the mandate of the Reserve Bank.
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‘Mkhwebane made honest mistakes in Sarb findings’
Busisiwe Mkhwebane's office says her error with regards to the mandate of the Reserve Bank had to do with the legal crafting of her order.
