Little room to defer policy response, says Sarb

2016-06-24 11:17

The South African Reserve Bank says there is little space to defer a monetary policy response with inflation expectations already close to the top end of its target.

EXCLUSIVE: Oakbay CEO speaks out on coal and cash reports - VIDEO

Oakbay Investments CEO Nazeem Howa spoke to News24 Video journalist Erin Bates at 5pm today about reports of cash leaving the country and a special Eskom coal contract.

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Van Vuuren: Economic mismanagement takes toll – R20/dollar inevitable

2016-06-06 11:47

A researcher adds more gloom to SA's economic party, in an analysis pointing to a solid 28 months of decline in South Africa’s economic business cycle index.

Sarb committed to tame inflation, says Kganyago

2016-06-01 17:41

Maintaining low and stable inflation is the most effective way for the SA Reserve Bank to help the economy, says Governor Lesetja Kganyago.

Myburgh Report on African Bank delivers startling revelations

2016-06-01 09:33

SPONSORED: Some startling revelations have been made in the recently released Myburgh Report on the demise of African Bank, including some damning allegations.

Revised growth shows need for higher taxes or cost cuts

2016-05-23 21:30

Real gross domestic product growth has been revised to 0.4% from 0.6% quarter-on-quarter for the 4th quarter of 2015, says Statistics SA.

Sarb keeps repo rate on hold – Kganyago

2016-05-19 15:25

SA Reserve Bank governor Lesetja Kganyago has announced no change in the interest rate, providing much-needed relief for cash-strapped consumers.

Hard-pressed consumers eye rates move

2016-05-19 14:05

Debt-strapped consumers will be keeping a close watch on SA Reserve Bank governor Lesetja Kganyago when he announces the bank's decision on interest rates.

Impact of Gordhan 'arrest' will be 'swift, awful'

2016-05-16 15:00

If Finance Minister Pravin Gordhan is arrested for his involvement in the Sars rogue unit, it will have a swift and awful effect on the markets, warns an economist.

Van Vuuren: Loadshedding free as demand slumps. Not Eskom’s turnaround strategy.

2016-05-09 19:36

Electricity output is languishing at levels last seen in the greatest economic recession in living memory in 2008 because we are headed for a recession, says an expert.


Pressure grows as SA's current account gap widens

2016-06-14 10:46

The South Africa economy has taken another knock with the current account shortfall expanding in the first quarter of 2016.

Guptas cash movements under microscope - report

2016-06-12 11:43

The Guptas are allegedly under the microscope for illegally sending money out of South Africa, a report in the Sunday Times has revealed.

Investec shares dip over R3.1bn preference-share buyback

2016-06-03 06:36

Investec's shares have dropped nearly 5% in London after it raised 3.1bn, about R150.5m less then expected, by selling equity to buy back preference shares.

SA economic prospects don't look promising - Kganyago

2016-06-01 13:58

Recent shocks to growth and inflation have created a great deal of uncertainty and he can't predict the outcome of a rating review, says Sarb governor Lesetja Kganyago.

Big five SA banks losing market share

2016-05-25 12:02

Although South Africa’s banking sector is still dominated by the five largest banks, international banks are slowly eating away at their market share, a report shows.

FULL TEXT: No hike in interest rates

2016-05-19 15:32

Read the full speech by SA Reserve Bank governor Lesetja Kganyago on the decision to keep the interest rates unchanged.

Unchanged rates a relief - expert - As it happened

2016-05-19 14:37

The SA Reserve Bank has decided to keep the repo rates unchanged at 7%.

Economists see close call for rates

2016-05-19 10:02

Financial experts seem to agree that the Sarb will not raise rates on Thursday, but sounded a warning that the bank would be forced to do so at some point.

Reserve Bank lifts lid on African Bank demise

2016-05-12 17:48

The business of African Bank was conducted negligently in certain respects, according to a report made public by the SA Reserve Bank.

SA economy could swing back to recovery next year - IMF

2016-05-07 09:00

South Africa's economy could swing back to recovery in 2017, says the International Monetary Fund.

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