The CEO of Business Leadership SA warns that, even if the country successfully curbs the spread of the coronavirus, its economic impact is bound to be dire.
SARS commissioner Edward Kieswetter says the tax authority includes illicit financial flows among its projects aimed at combating the illicit economy.
So it is difficult to imagine who would want to stop the SARB if it would help reduce load shedding and contain further job losses.A similar argument arises in providing social houses to replace our dangerous rusty corrugated iron suburbs.
Goldman Sachs Group will open a Johannesburg branch of the international bank, and has been admitted as a member of the Johannesburg Stock Exchange's interest rate and currency derivatives market, it said in a statement Monday.
The SA Reserve Bank's monetary policy committee has unanimously voted to reduce the repo rate from 6.5% to 6.25%.
The South African Reserve Bank has hit back at Public Protector Busisiwe Mkhwebane, saying it already responded to her in September and is awaiting her feedback regarding the VBS Mutual Bank saga, according to a report.
VBS liquidator Anoosh Rooplal will check accepted claims against bank records and adjust or expunge those found to have discrepancies or to be invalid.
VBS Mutual Bank's liquidators will meet creditors of the ill-fated bank in November, where the latter can lodge claims on the estate of the bank.
“South Africa’s credit rating is in the hands of South African policy makers,” said the central bank governor.
The South African Mint has put out a call for people to submit designs for a new R2 coin which depicts one of South Africa's bill of rights.
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.
The South African Reserve Bank has warned the public about fake officials who go around collecting cash 'contaminated' with the novel coronavirus (Covid-19) from unsuspecting people.
The ANC was jittery about establishing a state-owned bank until Minister of Finance Tito Mboweni "hijacked the superior logic of the EFF", Julius Malema said on Tuesday.
Property experts weigh in on the Monetary Policy Committee of the SA Reserve Bank's decision to lower interest rates.
Finance Minister Tito Mboweni has again taken to Twitter to express his frustration, with his views on the role and independence of the SA Reserve Bank taking centre stage of a heated online debate.
Locally, the South African Reserve Bank decided to keep the repo rate unchanged at 6.50% as the bank reiterated that future policy decisions would continue to be data driven.
Fourteen municipalities that deposited R1.6bn in the ill-fated VBS Mutual Bank were unlikely to ever recover their money, the auditor general says.
'Of the may things we able to control, the exchange rate is not one of them,' says Kganyago.
Workers are seeing meagre pay increases that do not keep up with inflation.
Emerging markets will again be looking to central banks to provide the next leg-up in a rally that’s making it the best September so far for stocks and currencies since 2013.
Cape TownE-Merge IT RecruitmentR600.00 - R650.00 Per Hour
Western CapeTechnology Specific cc t/a MVCR10 450.00 Per Month
Cape TownTumaini ConsultingR460 000.00 - R600 000.00 Per Year
R 2 650 000
R 6 950 000
R 2 950 000
We subscribe to the Press Code.
You choose what you want
News24 on Android
Get the latest from News24 on your Android device.
Terms and Conditions
24.com Terms and Conditions - Updated April 2012
Creating your profile will enable you to submit photos and stories to get published on News24.
This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.