Kganyago says banks could handle potential Eskom default

2019-05-24 07:43

South Africa’s banking industry would be able to withstand a default by Eskom, but the impact on pension funds is a concern for the central bank, Governor Lesetja Kganyago said.

Reserve Bank again keeps repo rate unchanged at 6.75%

2019-05-23 15:12

Governor of the SA Reserve Bank Lesetja Kganyago announced the benchmark rate call at a media briefing in Pretoria on Thursday afternoon, following a three day meeting of the bank's Monetary Policy Committee.

Reserve Bank expected to keep repo rate unchanged

2019-05-19 13:45

Economists expect the Reserve Bank to keep the repo rate on hold at 6.75% at the upcoming monetary policy committee meeting this week.

Mbeki: There's nothing to gain from nationalising the Reserve Bank

2019-04-23 19:40

Former president Thabo Mbeki, during the ANC's campaign for the national elections, has allayed fears concerning the nationalisation of the Reserve Bank.

SA Reserve Bank remains steadfast on CPI target midpoint

2019-04-12 11:07

The central bank is steadfast that it wants to see inflation expectations anchored at the 4.5% midpoint of its target range, governor Lesetja Kganyago has said.

Reserve Bank keeps repo rate unchanged at 6.75% in unanimous decision

2019-03-28 15:15

The announcement was made by the central bank's governor Lesetja Kganyago at a media briefing in Pretoria on Thursday afternoon.

VBS Mutual Bank curatorship cost R21.6m

2019-03-15 06:15

The total cost of placing VBS Mutual Bank under curatorship amounted to R21.6m, Finance Minister Tito Mboweni has said.

Kganyago: SARB cannot be held accountable if 'other actors' can sway its actions

2019-03-06 20:36

A central bank cannot be held accountable if "other actors" can sway its actions, says SA Reserve Bank Governor Lesetja Kganyago.

Mboweni: I don't want to control SARB

2019-02-20 14:37

Minister of Finance Tito Mboweni says there are more pressing things to worry about in Government than taking control 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.


South Africa part of collateral damage from US-China trade war

2019-05-24 07:32

The country is 'a small, open economy which grows by selling into the global demand,' central bank Governor Lesetja Kganyago told reporters in Pretoria on Thursday.

SA Reserve Bank expected to keep repo rate unchanged following MPC meeting

2019-05-23 06:00

Governor of the SA Reserve Bank Lesetja Kganyago will announce the benchmark rate call at a media briefing in Pretoria on Thursday afternoon, following a three day meeting of the bank's Monetary Policy Committee.

Ferial Haffajee: 'Will Tito stay?' and other post-election questions business is asking

2019-05-09 14:23

Ferial Haffajee considers burning questions the business community wants answers to as the big count winds down to cap Election 2019.

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.

IMF cuts SA's 2019 economic growth forecast

2019-04-09 15:00

The IMF has lowered SA's projected GDP growth rate for 2019 from 1.4% to 1.2%, putting SA among the worst performers in sub-Saharan Africa.

Reserve Bank expected to hold off on hiking interest rates - for now

2019-03-28 06:01

Economists expect the SA Reserve Bank's monetary policy committee to keep the repo rates unchanged at 6.75% on Thursday.

Ramaphosa on SARB nationalisation: There is no 'manga-manga' business

2019-03-07 16:04

The ANC has taken a decision to nationalise the South African Reserve Bank and it will be implemented, President Cyril Ramaphosa has said.

Kganyago: SARB seeks consistently lower inflation

2019-03-06 19:50

The SA Reserve Bank wants to see sustainably lower inflation to ensure cheaper borrowing costs in the economy, says Governor Lesetja Kganyago.

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.

Ramaphosa has 'full confidence' in SARB's Kganyago

2019-01-23 20:12

President Cyril Ramaphosa says he has “full confidence” in Reserve Bank Governor Lesetja Kganyago, and that the bank should have sole responsibility for setting interest rates.

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