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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.
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DA: Mkhwebane is inexperienced, her competency should be reviewed
The DA says Busisiwe Mkhwebane's sudden turn acknowledging on the Sarb mandate is an indictment that she does not understand her role.
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Mkhwebane won't oppose Reserve Bank's court bid protecting its mandate
In a report on the Bankcorp bailout, Busisiwe Mkhwebane found that the inflation targeting mandate of the bank must be changed.
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Gigaba to challenge Mkhwebane’s proposal on Reserve Bank’s mandate
Advocate Busisiwe Mkhwebane found the Reserve Bank's monetary policy mandate should no longer focus on inflation targeting.
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ANC to explore change of ownership of Reserve Bank
ANC's Enoch Godongwana says the discussions about the Reserve Bank and land reform will continue in ANC branches until December.
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‘Public Protector’s Absa report undermines Parliament’
Parliament has joined Absa and the South African Reserve Bank (Sarb) in their legal action against the Public Protector.
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SA's credibility on the line with foreign bond investors
Any erosion of central bank independence is likely to spook investors even more.
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[OPINION] Has Busisiwe Mkwhebane been captured?
Judith February questions why the Public Protector would meddle in what is an economic and political issue and completely outside her mandate.
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[OPINION] Pursuing a 30-year old bailout is sending SA on wild goose chase
The Public Protector’s recommendations on the Bankorp/Absa lifeboat are provocative.
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'SARB mandate should stay the same & Absa report not on ANC conference agenda'
Busisiwe Mkhwebane's report said Absa bank should repay over R1 billion given the failed Bankcorp by the apartheid government.
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S&P: More downgrades if Reserve Bank's independence impeded
A row over the South African Reserve Bank has escalated after the Public Protector called for the bank to focus on growth.
