Reserve Bank governor sues ANC councillor Andile Lungisa for R500k over 'lackey of racists', k-word tweets

2019-08-13 17:19

Reserve Bank Governor Lesetja Kganyago is suing outspoken ANC Nelson Mandela Bay councillor Andile Lungisa for R500 000 for defamation after two tweets which characterised Kganyago as a "lackey of racist people".

The small mistakes that could destroy Ramaphosa politically

2019-07-25 08:27

Mkhwebane's questionable legal competency aside, Ramaphosa is making mistakes that, cumulatively, have the potential to destroy him politically. He should lead by example in his own rhetoric, writes Mpumelelo Mkhabela.

ConCourt upholds cost order against Mkhwebane, rules she was 'not honest' in Absa investigation

2019-07-22 10:17

The Constitutional Court has upheld the personal costs order against Public Protector Busisiwe Mkhwebane, saying her entire Absa/Bankorp investigation was flawed.

Magashule speech takes aim at Reserve Bank, again

2019-07-18 18:36

ANC secretary general Ace Magashule on Thursday condemned "gatekeepers", whom he said censured him for his remarks about the ownership and mandate of the South African Reserve Bank.

SA Reserve Bank cuts repo rate for first time in more than a year

2019-07-18 15:15

The central bank's monetary policy committee has cut the benchmark repo rate by 25 basis points to 6.5% from 6.75%.

ANALYSIS: Gordhan girds for war as he links Mkhwebane and the EFF to capture

2019-07-11 09:18

There is no coming back from Gordhan's accusations of Mkhwebane. He believes – and tells the court as much – that she is hell-bent on removing him from office and that the only beneficiaries of this will be those accused of corruption.

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'.

Nehawu: Ramaphosa must stick to Nasrec resolution and nationalise Reserve Bank

2019-06-26 15:05

Nehawu president Mzwandile Makwayiba has called for the SA Reserve Bank to be nationalised, adding that trade union federation Cosatu must take a strong stand on the issue.

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.

10 questions that explain the battle for the Reserve Bank

2019-06-18 12:45

Should the SA Reserve Bank be nationalised? Can the government print money? What does ANC secretary-general Ace Magashule mean with quantitative easing? Malan Rietveld lays out the battle for the soul of the central bank.


Duarte: Let's be clear on the sovereignty of SARB

2019-07-30 18:42

The ANC wants the Reserve Bank to be in the hands of the people of SA, says the ruling party's deputy secretary-general Jessie Duarte.

SEE: The 'Taxi R2' going into circulation

2019-07-24 19:07

The art on a commemorative series of R2 coins pays homage to South Africa's freedom, complete with an image of a minibus taxi.

ConCourt to rule on personal cost order against Public Protector

2019-07-22 06:15

The apex court is set to rule on whether Public Protector Busiswe Mkhwebane should be held personally liable for a portion of the legal costs the SA Reserve Bank incurred to overturn the findings of her Absa/Bankorp report.

You can save thousands by making the new rate cut work harder for you - here's how

2019-07-18 16:02

As expected, the Reserve Bank cut interest rates by 25 basis points on Thursday.

Prospect of rate cuts stirs hope for retail stocks

2019-07-18 09:48

It’s been a tough year for South African retail stocks, battered by gloomy economic news. But hope is on the way.

Mkhwebane vs Reserve Bank: No sign of life at the ConCourt

2019-07-10 06:03

There are no signs the Constitutional Court is preparing to deliver judgment in the case between Public Protector Busisiwe Mkhwebane and the South African Reserve Bank in the Absa-Bankorp lifeboat matter.

Reserve Bank deputy head Daniel Mminele to retire

2019-06-27 09:41

In a message to staff, Governor Lesetja Kganyago said Mminele had left an 'indelible mark on this fine institution'.

SARB likely to cut rates at next meeting – economist

2019-06-21 12:26

SARB is anticipated to cut the repo rate at the next meeting of its MPC, says Nicky Weimar, senior economist at Nedbank.

SA's May inflation rate hits target-range midpoint

2019-06-19 11:08

South Africa’s annual inflation quickened in May, with the rate reaching the midpoint of the central bank’s target range as higher food and beverage prices contributed to the increase.

SA finds a credit rating, once lost, is hard to regain

2019-06-18 10:08

Barely three years after SA managed to get its highest-ever investment-grade ratings from two of the three main credit-rating companies, the global financial crisis was threatening to reverse that progress. The country was one of multiple emerging markets in the companies’ cross-hairs.

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