SA salary growth hits record low

2019-09-25 14:05

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

Emerging-market rally may hinge on stimulus. Just not too much

2019-09-15 15:50

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.

SARB governor confident on economic growth after rebound

2019-09-04 19:54

A surprise rebound in economic growth in the second quarter means the SA economy is on track to expand this year, says SARB governor Lesetja Kganyago.

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'.


'Make history': SA Mint wants your designs for a new R2 coin

2019-09-17 11:11

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.

Ahead of next week's rate decision, Kganyago warns parliament of weak economy

2019-09-12 09:01

South African Reserve Bank governor Lesetja Kganyago told members of the committee that economic activity was weak and that there was insufficient investment to support job creation.

Future of Postbank still in the balance after Barnes resignation

2019-09-03 22:01

Minister of Communications Stella Ndabeni-Abrahams has said that differences in determining the fate of Postbank were behind the decision of Mark Barnes to resign as CEO of the South African Post Office, and that talks are still underway to determine a path forward.

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'.

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