ANC sends, then retracts SARB monetary policy statement

2018-09-20 21:19

A retracted statement by the ANC ahead of the SARB interest rate decision, claimed the party believes monetary policy is a "critical legislative instrument".

FULL STATEMENT: SA Reserve Bank keeps repo rate unchanged

2018-09-20 16:42

Read the full statement by the Reserve Bank's governor Lesetja Kganyago delivered at a media briefing in Pretoria.

Up, down or stay: All eyes turn to SARB on rates

2018-09-20 08:06

Weaker than expected consumer inflation for August may have reduced pressure on the central bank to hike interest rates on Thursday afternoon.

SA, other Africa central banks set to shift gear on rates as turmoil takes toll

2018-09-19 06:45

Central banks around Africa - poised to reveal their first response to the emerging-market turmoil of the past month - are likely to usher in an end to the continent’s easing cycle.

Storm clouds gathering for SA consumers, economists warn

2018-09-07 11:34

The storm clouds are gathering and are about to burst for consumers, economists warned after poor GDP data confirmed that South Africa was in a technical recession.

A $50 billion fight about who owns the SA Reserve Bank

2018-09-02 15:56

Should nationalisation take place, the bank's governor Lesetja Kganyago says he won’t give up the nation’s assets or allow tinkering with the mandate.

DA to EFF: 'We will fight hostile takeover of SA Reserve Bank'

2018-08-19 17:27

The EFF's proposed nationalising of the South African Reserve Bank ultimately seeks to hold to ransom the country's entire banking system, charges the DA's Gwen Ngwenya.

SA Reserve Bank says it won't implement policy which interferes with its mandate

2018-08-16 22:17

Government policy which interferes with the Reserve Bank’s constitutional mandate will not be implemented, Reserve Bank Governor Lesetja Kganyago has told Parliament.

SARB: Auditors were part of the VBS Mutual Bank conspiracy

2018-08-15 15:06

The audited financial statements of VBS Mutual Bank which were submitted to the Reserve Bank were not reliable, Parliament has heard.

Is the local auditing watchdog effective?

2018-08-05 10:58

Following numerous corporate scandals across the world, Makhosandile Kwaza asks how regulators miss the red flags.

 

Next interest rate move in November: experts weigh in

2018-09-20 20:07

This time SARB decided to keep interest rates the same, but what could happen at the next MPC meeting in November?

Rand will be stronger if SA Reserve Bank resists the urge to hike rates

2018-09-20 14:37

Any attempt to shore-up the rand by hiking interest rates would probably backfire, leading instead to a weakening in the currency, says Overberg Asset Management.

In the grip of recession, SA may consider rate increase

2018-09-19 12:16

Policy makers may be about to consider whether to follow counterparts from Russia to Turkey and raise interest rates - even when the country is battling a recession.

Rates move 'too close to call' amid rand rout, petrol pain and ailing economy

2018-09-17 19:13

Although the consensus among economists is for a hold on interest rate hikes, they reckon the hiking cycle may be brought forward, given pressures on the rand.

US embassy not spooked by land reform - Rob Davies

2018-09-05 15:58

Trade and Industry Minister Rob Davies says land expropriation was not a major point of discussion when his department met with the US embassy.

What changing the ownership of SARB will, and won’t, do

2018-08-27 12:47

The push to nationalise South Africa's Reserve Bank is informed by the mistaken view that private shareholders affect monetary policy.

SARB: EFF amendment bill does not challenge mandate, independence

2018-08-17 18:29

The South African Reserve Bank says it will step in regarding proposed amendments to the SARB Act at the appropriate time.

EFF tables draft bill to nationalise SARB

2018-08-16 22:01

The EFF has put forward an amendment to the law governing the central bank that would make the institution state-owned and see its directors appointed by the finance minister rather than shareholders.

SA Reserve Bank says rand drop is blip due to Turkey

2018-08-13 23:04

A jump in South Africa’s interest-rate bets may be little more than a reflection of the turmoil in Turkey.

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.

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