SA finances could worsen even more, says Reserve Bank

2019-11-29 09:04

There is a high likelihood that the government’s finances will deteriorate further, posing risks to the stability of the country’s financial system, the central bank says.

Reserve Bank nationalisation is 'a R200,000 debate' says its governor – to many empty chairs

2019-07-26 11:50

Reserve Bank governor Lesetja Kganyago has a new favoured description on the debate around nationalisation of the central bank – which captures a bit of testiness.

Rate cut good news, but don't get too excited - economists

2019-07-18 21:05

The SA Reserve Bank's decision to cut the repo rate by 0.25% has been met with cautious optimism by analysts.

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.

Mantashe: Beware those waiting 'in the wings' to cash in on nationalising Reserve Bank

2019-06-27 20:55

There are those waiting "in the wings" in the hope of maximising their share benefits at the South African Reserve Bank if it were to be nationalised recklessly, ANC chairperson Gwede Mantashe has warned.

The Reserve Bank is looking for up to 35 matrics to receive bursaries worth R121,000 per year and then possibly get jobs – here is how to apply now

2019-06-14 09:26

Grade 12 students – with good marks and an interest in something the Reserve Bank can use – have until the end of September to apply for full-ride bursaries. Just as long as they are happy to get jobs after their studies are completed.

SARB economist: The Reserve Bank can only do so much

2019-06-07 07:59

Monetary Policy Committee member and head of economic research and statistics, Rashad Cassim, says the central bank has done much good for SA’s economy, but structural economic problems that pervade South Africa are beyond its power.

Nationalisation is expensive and won't solve our problems - SARB

2019-06-06 21:05

Officials from the South African Reserve Bank have called the debate surrounding nationalising the Reserve Bank or changing its mandate "simplistic" and said shifting it to complete state ownership would be a costly endeavour with little benefit.

'I am at ease': Mboweni throws his weight behind Ramaphosa on Reserve Bank

2019-06-06 19:03

Finance Minister Tito Mboweni is back on Twitter, saying there "should be no issues" regarding the Reserve Bank's mandate.


Public Protector 'touched' by fundraising initiative to help pay costs

2019-08-06 17:03

Democracy in Action, a civil society organisation, is raising funds on a crowdfunding website to cover the bill that Public Protector Busisiwe Mkhwebane will have to pay following a damning Constitutional Court judgment last month.

Bailouts carry major risk for debt to GDP ratio, warns Kganyago

2019-07-24 13:05

Bailouts for state-owned companies risk pushing the country’s debt-to-GDP ratio to among the highest in emerging markets, South African Reserve Bank Governor Lesetja Kganyago has warned.

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.

Evolution of ANC economic policy sheds light on squabble over the central bank

2019-07-04 21:51

The recent squabble over the mandate of the South African Reserve Bank has very little to do with real economic policies, say Vishnu Padayachee, Robert van Niekerk and Imran Valodia.

Absa has set a deadline to announce its new CEO - here’s what we know about the frontrunner

2019-06-29 09:10

Deputy Governor Daniel Mminele resigned this week from the Reserve Bank.

Lower interest rates won’t cut it

2019-06-27 10:02

Uncertainty rules the day in South Africa, but one thing that seems clear is that the Reserve Bank will likely be cutting interest rates. Although this will provide temporary relief for consumers, a lot more is needed to boost our economic growth.

ANC power struggle, SAA head, Reserve bank spat: Stories that got us talking this week

2019-06-09 08:27

In a week that saw the revival of a war of words over the expansion of the Reserve Bank's mandate, politicians ranging from ANC bigwigs to President Cyril Ramaphosa attempted to offer clarity on the matter which sent confusion across the markets.

The ANC, the EFF and the SARB: New dawn, old Vaseline or just game six?

2019-06-07 05:01

The Reserve Bank fracas has once again shown a ruling party with its back against the wall, says Khulekani Magubane.

Damage from state capture 'worse than suspected' - SARB

2019-06-06 19:57

The damage caused by state capture is "worse than originally suspected", Reserve Bank lead economist for regional policy David Fowkes has said, saying it had resulted in an environment of "major investment and no growth".

Ferial Haffajee: Who is more powerful – Mboweni or Magashule?

2019-06-06 16:04

Mboweni should have more power than he does, says Ferial Haffajee.

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