SA salary growth hits record low

2019-09-25 14:05

Workers are seeing meagre pay increases that do not keep up with inflation.

SA can add 1.2 million jobs by 2030, McKinsey says

2019-09-05 07:49

Technology-related gains could triple South Africa’s productivity growth, more than double growth in per-capita income, the group has said in a new report.

You can’t do an 'abracadabra with debt', says Reserve Bank's Kganyago

2019-07-26 13:48

Attempting to move debt from state-owned enterprises like Eskom to the SA Reserve Bank would in no way make the obligations disappear, and would only change to whom the interest is paid, governor Lesetja Kganyago said on Friday.

Kganyago's reappointment will keep Reserve Bank independence in safe hands - unions

2019-07-11 20:55

The reappointment of Lesetja Kganyago as Reserve Bank governor will ensure the bank maintains its independence.

Ramaphosa comes out against expanding Reserve Bank mandate

2019-06-20 19:53

Ramaphosa was speaking two weeks after ANC secretary general Ace Magashule said the party's NEC had agreed that the central bank's mandate should be expanded.

Business sector hails unchanged repo rate decision

2019-05-23 22:00

The metals and engineering sector has welcomed the SA Reserve Bank's decision to keep the repo rate unchanged at 6.75%

Inflation falls to 4.5% for December

2019-01-23 10:06

Inflation for December moderated to 4.5%, in line with market expectations.

Reserve Bank Governor warns against populist policies

2018-09-09 13:44

SA must avoid populist economic policies, said SA Reserve Bank Governor Lesetja Kganyago.

SARB governor says SA recession unlikely, but growth still too low to cut unemployment

2018-07-27 11:31

Lesetja Kganyago says that confidence surrounding the election of Cyril Ramaphosa as SA president in February has not translated into a short-term boost for actual growth.

Scrap 'naive' inflation targeting

2018-04-22 05:56

Report shows major policy choices gave too much ground to companies andthe rich, writes Dewald van Rensburg.


SA's economy enters 70th month of downward cycle

2019-09-25 11:37

The economy hasn’t expanded at more than 2% since 2013.

Reserve Bank's prudential authority fines Sasfin R500 000

2019-07-31 11:02

The bank was fined for not complying with certain provisions of the Financial Intelligence Centre Act.

FACT CHECK: German national Michael Duerr owns 0.5% – not 57.5% – of SA Reserve Bank

2019-07-23 21:26

Does a citizen of Germany hold a majority stake in South Africa’s reserve bank? While the story of Michael Duerr’s 57.5% shareholding is colourful, it’s nowhere near the truth.

Mantashe: Beware those waiting 'in the wings' to cash in on nationalising Reserve Bank

2019-06-27 20:55

There are those waiting "in the wings" in the hope of maximising their share benefits at the South African Reserve Bank if it were to be nationalised recklessly, ANC chairperson Gwede Mantashe has warned.

Take a look: South Africa's new R2 and R5 coins

2019-06-06 14:09

One of the coins features a taxi and a bird carrying a set of keys.

Man walks into Reserve Bank, asks to 'exchange' R2m in fake cash

2019-02-21 07:02

The suspect alleged that he is a mechanic and that he found the money underneath one of the cars he was fixing.

MTN's $10bn feud in Nigeria could place SA at risk - Reserve Bank

2018-11-07 20:03

MTN Group’s fights with Nigerian authorities over $10bn in repatriated funds and back taxes could increase risk in South Africa’s financial system, depending on the outcome, the Reserve Bank has said.

It's not SARB's job to run the affairs of banks like VBS, says Kganyago

2018-07-27 13:15

Its not the mandate of the SARB to run the affairs of private banks, its governor has said, but rather to protect depositors and make sure banks adhere to prudential requirements.

UPDATE: Capitec: We have no knowledge of SARB fee probe

2018-07-03 08:19

The SA Reserve Bank has written to the National Credit Regulator requesting a probe into loan-origination fees charged by Capitec Bank, according to a person familiar with the matter.

Payments body fast tracks new system to curb debit order fraud

2018-01-09 06:00

The Payments Association of South Africa is under pressure to ramp up a new system called DebiCheck to meet the South African Reserve Bank’s deadline of February 2019.

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