Meet the judge, the ex-Reserve Bank boss and veteran stock-broker overseeing the PIC inquiry

2019-01-22 21:16

Fin24 profiles thee three commissioners heading the inquiry into alleged impropriety, mismanagement, abuse of whistle-blowers and information leaks at state-run asset manager the Public Investment Corporation.

Six women who could take over the reins at Treasury

2018-02-23 12:16

When President Cyril Ramaphosa eventually gets around to his Cabinet reshuffle, he should seriously consider appointing a woman as finance minister, writes Fin24 journalist Lameez Omarjee.

Legal boost for African Bank restructuring

2015-06-30 11:52

New legislation is enabling the curator of African Bank to initiate the next step to restructure African Bank and create a "Good Bank".

African Bank collects up to R2.4bn a month

2015-03-03 10:51

African Bank continues to operate in a stable manner with total monthly collections of up to R2.475bn between August 2014 and January 2015.

No change in interest rates

2014-11-20 15:25

New SA Reserve Bank governor Lesetja Kganyago has announced that the repo rate will remain on hold at 5.75%, citing concern over inflation and a sluggish economy.

African Bank not out of the woods yet

2014-11-07 07:00

Sasbo has signed a memorandum with the curator of African Bank to ensure job protection, adding that the bank is stabilising but all is not yet well.

Marcus: CPI targets reduce price pressure

2014-10-30 11:04

The Reserve Bank has defended its inflation targeting policy, saying it helps reduce price pressures and contributes to more favourable economic growth.

Nhlanhla Nene's full speech

2014-10-22 16:23

Finance Minister Nhlanhla Nene has delivered his first mini budget speech, hasting through the statement, he was straight forward, Impressive.

Rand halts 4-day gains

2014-10-10 17:57

The rand has snapped a four-day winning streak against the dollar, amid a lack of domestic impetus to counter rising concerns about the state of the global economy.

Rand stutters as Kganyago relief wears off

2014-10-08 09:28

The rand has snapped gains against the dollar as the euphoria from Lesetja Kganyago's appointment as SA Reserve Bank governor wore off.


When the vandals came for Treasury

2018-11-25 06:00

The resilience of Treasury is due to not only the strong institutional culture built in the early days and sustained through various ministers, but through the courage and longevity of its leaders and officials, writes Pippa Green.

Marcus: Wealth tax not the only way to fund universities

2015-11-04 09:02

Reserve Bank ex-governor Gill Marcus says a wealth tax and a VAT hike are not the only options to fund tertiary education and early childhood education needs emphasis.

Former Treasury officials soothe investors in new roles

2015-04-24 15:04

SA is increasingly turning to Treasury officials from the first decade of democratic rule to help steer key economic institutions and boost investor confidence.

Sarb: Rates must go up at some point

2014-11-20 20:58

South African Reserve Bank governor Lesetja Kganyago has indicated that future interest rate increases will depend on domestic and international factors.

Not enough alarm bells for rate hike - economist

2014-11-19 16:23

The MPC will be one member down at this meeting and any tied vote, with six members, would require the governor’s deciding vote.

Marcus: 8% wage hikes not sustainable

2014-11-06 16:12

South Africa's economy cannot sustain wage settlements of around 8%, which are also a threat to jobs, says SA Reserve Bank governor Gill Marcus.

Marcus: Deviations from CPI band justifiable

2014-10-30 10:15

Recent deviations from the consumer inflation target band have been primarily driven by exogenous shocks and are justifiable, says Reserve Bank governor Gill Marcus.

African Bank much more stable - Marcus

2014-10-22 14:22

African Bank is much more stable now, functioning and continuing to grant loans, Reserve Bank governor Gill Marcus said ahead of the mini budget in parliament.

Rand firmer, helped by hawkish Sarb comments

2014-10-09 18:06

The rand has strengthened against the dollar after comments by deputy SA Reserve Bank governor Daniel Mminele buoyed expectations for an interest rate hike.

ANC sees effective Sarb under Kganyago

2014-10-06 18:46

The ANC says the appointment of Lesetja Kganyago as new Sarb governor will ensure a smooth transition and the SACP says he must put the needs of the people first.

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