SARB wants probe on VBS bank to see if regulators were 'asleep on the job'

2018-05-30 17:58

The Reserve Bank intends to appoint a commission to determine what went wrong at VBS Mutual Bank, according to SARB deputy governor Kuben Naidoo.

Viceroy may attack another SA company this week, warns Capitec CEO

2018-05-30 12:32

Short-seller Viceroy may attack another South African company, said Capitec CEO Gerrie Fourie.

Gupta-linked Bank of Baroda gives formal notice of SA exit - SARB

2018-05-29 15:14

The Gupta-linked Bank of Baroda has formally informed the Reserve Bank of its intention to exit the country.

Risk of SARB hiking interest rate sooner now - economist

2018-05-25 20:35

The South African Reserve Bank could raise interest rates sooner than the second half of 2019 as previously forecast by FNB, says the bank.

Video
WATCH: 'The Reserve Bank should be an independent entity' - Ramaphosa

President Cyril Ramaphosa has given his strongest indication yet that he wants the independence of the country's Reserve Bank protected and he is ready to defend it. Watch.

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Cryptos are tokens, not currency, says SARB

2018-05-25 07:03

The South African Reserve Bank chooses to call digital currencies such as Bitcoin “cyber-tokens” because they don’t meet the requirements to be classified as money.

SARB should be independent even if it is nationalised - Ramaphosa

2018-05-24 20:01

President Cyril Ramaphosa says he is committed to the independence of the South African Reserve Bank, even as the government considers nationalising it.

Higher inflation to see SARB keep interest rate steady - analysts

2018-05-23 19:38

The higher inflation print for April makes a stronger case for the monetary policy committee to keep the repo rate on hold, according to analysts.

How Trump's nuclear move could hit SA economy and consumers

2018-05-10 16:18

US President Donald Trump’s decision to exit the Iran nuclear deal might not have a bearing on local interest rates just yet, say economists.

DA seeks commission of inquiry into VBS Mutual Bank

2018-05-07 21:14

The Democratic Alliance wants Registrar of Banks Kuben Naidoo to establish a commission of inquiry into VBS Mutual Bank and the municipalities which deposited funds into it.

 

No guarantee municipalities will get VBS money back - SARB

2018-05-30 14:37

The Reserve Bank has committed to recover the monies of retail depositors of VBS Mutual Bank; however, the same cannot be said for municipal deposits.

We'll act 'responsibly' and with 'sensitivity' when nationalising Reserve Bank - ANC

2018-05-29 19:11

The ANC’s national executive committee has directed its sub-committee on economic transformation to urgently look into the nationalisation of the South African Reserve Bank.

Situation at VBS Bank much worse than we thought, says SARB's Kuben Naidoo

2018-05-29 10:20

Kuben Naidoo, Reserve Bank deputy governor, has told a media briefing that the financial situation of VBS is "much worse than we thought".

Now you can comment on Malema's SARB bill

2018-05-25 18:24

A notice of intention to introduce the SA Reserve Bank Amendment Bill in Parliament has been published in the Government Gazette. It is a private member's bill on which public comments are invited.

Ramaphosa fiercely defends SARB's independence

2018-05-25 11:43

President Cyril Ramphosa has given the strongest indication to date that he wants the independence of the country’s central bank protected, and he is ready to defend it.

Property experts weigh in on latest interest rate decision

2018-05-24 22:15

Although growth prospects for the South African housing market are improving, a "steady hand" is needed from the Reserve Bank regarding the repo rate, says Dr Andrew Golding.

SA interest rates unchanged

2018-05-24 15:18

The monetary policy committee of the South African Reserve Bank has decided to keep the repo rate unchanged.

Higher oil prices and weaker rand a risk to inflation - analysts

2018-05-18 21:41

Analysts expect the Reserve Bank’s monetary policy committee to take a hawkish stance and keep interest rates unchanged next Thursday.

Kganyago: Too soon to tell if SA economy is in the clear

2018-05-10 07:42

Even though South Africa has got off to a positive start this year, it is too early to tell that the country is on a new growth trajectory, says Reserve Bank Governor Lesetja Kganyago.

Interest rates likely unchanged until late 2019 - Nedbank

2018-05-01 13:31

Interest rates in South Africa will remain unchanged into late 2019, forecasts Nedbank Group's Economic Unit.

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