Interest rates left unchanged despite the Reserve Bank's gloomier growth forecasts for 2020

2019-09-19 15:11

Kganyago noted that economic activity remains weak.

Kganyago on 4IR: We can't protect jobs, but we can protect people

2019-09-06 11:41

Reserve Bank Governor Lesetja Kganyago says one of the biggest challenges for the transition into the Fourth Industrial Revolution is organised labour's pleas to protect jobs.

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".

'We are not there yet': Reserve Bank governor on talk of IMF bailout

2019-08-08 14:59

Lesetja Kganyago has said that South Africa can avoid reaching out to the International Monetary Fund for funding if hard decisions are made.

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%.

SA interest rates may fall, and not due to politics

2019-07-17 07:51

Should Reserve Bank governor Lesetja Kganyago announce a cut in South African interest rates this week, as expected, it won’t be because politicians want him to.

Reserve Bank: Ramaphosa re-appoints Kganyago, appoints 2 new deputies

2019-07-10 17:08

President Cyril Ramaphosa has re-appointed Lesetja Kganyago as governor of the SA Reserve Bank, with Fundi Tshazibana and Rashad Cassim as deputies, the Ministry of Finance has said in a statement.

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'.

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'.

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.


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.

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.

POLITICS PODCAST: Journos vs the EFF, and will SA need IMF help?

2019-08-09 07:29

This week on POLOTIKI, we look at the legal battle between the South African National Editors' Forum (Sanef) and EFF. Listen.

You can’t do an 'abracadabra with debt', says Reserve Bank's Kganyago

2019-07-26 13:48

Attempting to move debt from state-owned enterprises like Eskom to the SA Reserve Bank would in no way make the obligations disappear, and would only change to whom the interest is paid, governor Lesetja Kganyago said on Friday.

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.

Kganyago's reappointment will keep Reserve Bank independence in safe hands - unions

2019-07-11 20:55

The reappointment of Lesetja Kganyago as Reserve Bank governor will ensure the bank maintains its independence.

Kganyago: I'll serve another term, if I'm asked

2019-07-06 10:00

"I'll serve, if asked," says SARB governor Kganyago. But what if the IMF asks first?

Nothing to see here, folks: Mboweni and Kganyago hold 'routine' meeting

2019-07-04 18:37

The finance minister and Reserve Bank governor have issued a joint statement confirming their respective roles.

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.

Kganyago says forecasting model suggests there may be room for rate cuts

2019-06-13 19:20

The South African Reserve Bank’s forecasting model shows there might be room for interest rate cuts in the next year or two, given how weak the economy is, Governor Lesetja Kganyago has said.

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