SA Reserve Bank to buy govt bonds to inject liquidity into market amid Covid-19 crisis

2020-03-25 12:05

This follows an initial raft of interventions announced last week to provide lenders with cheaper access to funding.

Coronavirus scam: The Reserve Bank isn't collecting your 'contaminated' banknotes

2020-03-18 18:15

The South African Reserve Bank suspects that criminals have been visiting South African homes and telling them to hand over banknotes in their possession, claiming the banknotes were contaminated with the coronavirus.

4 charts showing the Reserve Bank data that triggered a cut

2020-01-16 22:10

Two months can be a long time in central banking, and if you are the South African Reserve Bank, it can mean bringing an interest rate cut forward and a move to signaling even more.

Interest rates left unchanged despite the Reserve Bank's gloomier growth forecasts for 2020

2019-09-19 15:11

Kganyago noted that economic activity remains weak.

'We are not there yet': Reserve Bank governor on talk of IMF bailout

2019-08-08 14:59

Lesetja Kganyago has said that South Africa can avoid reaching out to the International Monetary Fund for funding if hard decisions are made.

SA interest rates may fall, and not due to politics

2019-07-17 07:51

Should Reserve Bank governor Lesetja Kganyago announce a cut in South African interest rates this week, as expected, it won’t be because politicians want him to.

Lion's share of govt guarantees go to Eskom, IPPs - Reserve Bank

2019-06-28 09:35

State-owned entities led by Eskom are the main beneficiaries of government guarantees, followed by Independent Power Producers.

Rand slumps in early trade

2019-06-07 08:56

The local currency is at its weakest level in eight months, as a debate about the mandate of the SA Reserve Bank, predictions of a recessions and the global trade war take their toll.

Battle over South African Reserve Bank's role spooks rand

2019-06-05 13:01

A fight is brewing over South Africa’s Reserve Bank and Governor Lesetja Kganyago is ready for it, flanked by his finance minister and the head of the ruling party’s economic policy.

SA GDP falls by 3.2%, biggest drop in 10 years

2019-06-04 11:37

The decline is the biggest quarterly fall in SA's economic activity since the start of 2009, when the economy tumbled under strain from the global financial crisis, says Stats SA.

 

Coronavirus | Reserve Bank steps in to help banks keep money flowing

2020-03-20 10:44

The central bank stepped in to keep money flowing in the economy by providing lenders with cheaper access to funding and reorganising the way it injects liquidity into the financial system.

Mcebo Damini: Privatisation of SOEs will make poor black people poorer

2020-01-28 10:28

The government has not been particularly decisive about whether it wants complete liberation for all South Africans or if it is interested in maintaining the status quo which is the same order that existed during apartheid, writes Mcebo Dlamini.

EXCLUSIVE: How the State Security Agency 'instructed' Busisiwe Mkhwebane to make Reserve Bank, Absa findings

2019-12-15 07:10

Public Protector Busisiwe Mkhwebane’s controversial June 2017 order directing Parliament to amend the Constitution to change the mandate of the South African Reserve Bank was handed to her on a piece of paper by a State Security Agency official.

How new Reserve Bank Deputy Governor Fundi Tshazibana found economics by chance

2019-08-11 13:08

Tshazibana, an accomplished economist, says at university she never thought she would find herself at the central bank, as she picked up economics as a 'by the way' major.

Bank of Baroda SA fined R400 000 by Reserve Bank regulator

2019-08-06 18:34

Bank of Baroda SA has paid R400 000 in administrative penalties into the Criminal Assets Recovery Account within the National Revenue Fund, after being fined by the SA Reserve Bank's Prudential Authority.

Reserve Bank ownership debate has become 'zombie discussion' - Kganyago

2019-07-05 11:38

Addressing a breakfast briefing in Johannesburg, the bank's governor said the discussion around the ownership and mandate of the central bank appears 'impervious to facts'.

POLITICS PODCAST: Are we seeing a realignment of factions in the ANC?

2019-06-07 11:25

This week on POLOTIKI we look at the "surprise" appointment of Good party leader Patricia de Lille to Cabinet and how the ANC sees the mandate of the SA Reserve Bank changing.

Reserve Bank debate: Who said what?

2019-06-06 10:51

Earlier in the week ANC secretary general Ace Magashule said the party's NEC agreed to expand the Reserve Bank’s mandate, promoting stringent denials from Finance Minister Tito Mboweni.

SA steel sector pleads for 'bold action' as GDP growth plunges

2019-06-04 15:30

South Africa's steel and metal sector has pleaded with President Cyril Ramaphosa to show bold leadership in place of "soothing words" after Stats SA reported a shock 3.2% fall in the country's quarterly GDP on Tuesday morning.

Stats SA expected to announce fall in first quarter GDP

2019-06-04 05:00

Since early May economists have been predicting that SA's economy would contract in the first quarter of 2019, caused by a combination of depressed expenditure and investment, weak demand and the impact of load shedding.

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