ARTICLES RELATING TO SOUTH AFRICAN RESERVE BANK

Respect Reserve Bank's independence, urges professional body

2019-06-11 06:00

The SARB should be "insulated from short-term political agendas from policymakers outside of Parliament", the Association of Black Securities and Investment Professionals said, after a week of conflicting messages from the governing ANC regarding the party’s intentions for the central bank.

Ramaphosa's silence on SARB not an indictment on his leadership - Motlanthe

2019-06-06 15:20

President Cyril Ramaphosa's silence on contradicting statements made by senior party leaders on the possible expansion of the mandate of the South African Reserve Bank is not an indictment on his leadership, former president Kgalema Motlanthe has said.

Reserve Bank 'noise' will shake up markets, but have little real impact - economists

2019-06-05 15:29

Changing the Reserve Bank's mandate is not within the ambit of the ANC, an economist says.

SARB mandate meltdown: Mboweni contradicts Ace, Godongwana denies plans

2019-06-04 22:42

Tito Mboweni and Enoch Godongwana came out late on Tuesday evening to deny any concrete plans or commitments to expanding the Reserve Bank's mandate, despite reporters being told that that was the case during a briefing of the party's Lekgotla.

South Africa's inflation expectations 'encouraging', SARB says

2019-05-29 08:35

Economic activity has disappointed over the past year, SA Reserve Bank Deputy Governor Mminele said, adding that growth projections for 2020 and 2021 only show, at best, a sluggish recovery.

Mabuza reaffirms ANC's Reserve Bank nationalisation plan

2019-01-25 11:48

The deputy president reaffirmed the ANC's intention to nationalise the SA Reserve Bank and place 'public interest and development' at the centre of central bank's existence.

Rand gains as Kganyago's hawkish comments overshadow price data

2019-01-23 16:10

Rand traders aren’t quite discounting the chance of a South African rate increase, even after inflation fell to a seven-month low.

Kganyago: Reserve Bank came under attack, but we survived

2018-12-10 21:05

Receiving his honorary doctorate from Stellenbosch University, Reserve Bank Governor Lesetja Kganyago slammed those guilty of graft, and stressed the importance of transformation.

Analysts weigh in on next week's MPC rates decision

2018-11-16 22:30

Fuel prices and the normalisation cycle of the United States are expected to be key considerations for the South African Reserve Bank's Monetary Policy Committee rates decision.

Government says it will protect the little man in VBS fallout

2018-10-26 08:26

Municipalities suffered millions in losses when after depositing a combined amount of R1.5bn in public funds in VBS Mutual Bank, but government will not bail out municipalities that used the bank against the Reserve Bank's advice.

 

'I wrote the resolution': ANC economic policy head denies call to change SARB mandate

2019-06-07 10:10

The head the ANC’s sub-committee on economic transformation, Enoch Godongwana, has denied the party resolved to change the mandate of the central bank at its 2017 conference.

ANC's reserve bank meltdown likely to take centre stage at top 6 meeting

2019-06-06 10:42

Public clashes of top ANC officials around the expansion of the mandate of the South African Reserve Bank are likely to be a talking point in a meeting of the party's top six.

Say what? 7 quotes that sum up SA's growing confusion over the Reserve Bank

2019-06-05 11:08

Fin24 tracks what various stakeholders have been saying about the ownership and mandate of the SA Reserve Bank.

ANC Lekgotla reaffirms commitment to changing SARB mandate

2019-06-04 20:00

This muddies the waters on the Reserve Bank’s fate, even as SA Reserve Bank Governor Lesetja Kganyago has been vocal about not tinkering with the central bank's mandate.

Reserve Bank governor again slams Public Protector in speech on central bank independence

2019-04-16 19:58

Lesetja Kganyago has again hit out at Public Protector Busisiwe Mkhwebane for displaying a 'flagrant disregard of the law' when she ordered the Constitution be changed in 2017 to alter the mandate of the SA Reserve Bank.

Explainer: South Africa’s central bank – ownership, mandate and independence

2019-01-24 21:20

Debates on the Reserve Bank have focused on its shareholding, mandate and independence - which are interlinked, says Jannie Rossouw.

DA to write to Mboweni over ANC manifesto's SARB remarks

2019-01-13 17:41

The letter comes after Reserve Bank governor Lesetja Kganyago said the institution survived a time of great political pressure to control it.

Flat trading session for the JSE as central bank raises rates

2018-11-22 18:27

The central bank decided to hike the repo rate by 25 basis points from 6.50% to 6.75% as the bank sees inflationary pressures for 2019.

SA spends too much time on populism and not building economy, says Kganyago

2018-10-29 21:01

Reserve Bank Governor Lesetja Kganyago says South Africa spends too much time debating populist issues such as the proposed nationalisation of the SARB, instead of focusing on steps to boost the economy.

Flirting with populism? Ask Venezuela how that went - SARB head Kganyago

2018-10-19 12:42

The head of the central bank has said that while populist economic policies routinely lead to financial disaster, populism is an effective political tool as it speaks to ordinary people about real problems.

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