What you need to know about the Reserve Bank’s new deputy governors

2019-07-10 19:09

Fundi Tshazibana and Rashad Cassim have both had long careers in and outside the civil service.

South African salary hikes the smallest since 1971 – and increases for civil servants have halved

2019-07-01 13:10

Private sector salaries rose by an average of 4.5% last year.

South African shares may be on the brink of a breakthrough - but two things need to happen

2019-06-26 16:07

The Reserve Bank has to start cutting rates. And history needs to repeat itself.

South Africans with debt will probably save on lower interest rates soon – but don’t start spending just yet

2019-06-19 07:11

The prime interest, which currently sits at 10.25%, is expected to drop, but the situation calls for saving rather than spending.

FIRST TAKE: Ramaphosa must act over Magashule's disastrous SARB statements

2019-06-05 08:32

The governing ANC's apparent "decision" to expand the mandate of the SARB and the subsequent chaos over whether it's true, is nothing short of abject disaster. And the president needs to act.

Fiscal risk, SOE panic and the time Ramaphoria died: An analyst's post-mortem on 2018

2018-12-26 07:48

One could describe 2018 as a rollercoaster year, says analyst Peter Attard Montalto, head of Capital Markets Research at Intellidex.

Rates may need to rise on CPI risks, says SARB deputy governor

2018-10-19 13:51

South Africa’s monetary policy stance remains accommodative and interest rates will need to increase to keep inflation within the target band if the central bank’s current forecasts play out, Reserve Bank Deputy Governor Francois Groepe said.

SA rate dilemma deepens as recession stokes rand, CPI

2018-09-06 11:08

South Africa’s unexpected recession deepened the policy dilemma for its central bank, which is caught between calls to defend a currency that’s stoking inflation expectations and finding ways to support the waning economy.

Julius Malema just put his draft law to nationalise the Reserve Bank before Parliament – by just writing private shareholders out

2018-08-16 21:14

The South African Reserve Bank Amendment Bill introduced by the EFF leader does not deal with how the SARB is to be nationalised, it simply repeals references to those shareholders, or replaces them with the Minister of Finance.

Two state-owned Chinese banks are neck-and-neck with Capitec as they race to catch up to SA's big 5

2018-05-29 17:09

A Reserve Bank report on banks' assets shows Capitec is creeping up on Investec, SA's 5th biggest bank, thanks to massive growth in 2017. But the Johannesburg branch of Bank of China grew faster still.

 

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?

ANC resolutions on Sarb, land and other matters will be my legacy - Ace Magashule on party policies

2019-06-30 10:59

ANC Secretary General Ace Magashule says the party's leaders must be more "radical" in implementing its 2017 national conference resolutions.

New competition may be launching – but South Africa’s Big 5 banks actually increased their dominance last year

2019-06-26 07:04

Standard, First National Bank, Absa, Nedbank, and Investec secured an even bigger part of the banking pie in the last year, new numbers from the Prudential Authority show.

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.

Off to a credible start to the year

2019-03-14 09:20

The first quarter of 2019 is coming to a close and it looks like our local equity market had a reasonable start, all things considered. Globally, markets also faced challenges but managed stronger performances.

Reserve Bank independence `not just an emerging-market concern' - Kganyago

2018-11-29 19:02

Threats to central bank independence are no longer just an “emerging-market phenomenon,” according to South African Reserve Bank Governor Lesetja Kganyago.

SA Reserve Bank says don't underplay risk of inflation exceeding 6%

2018-10-03 07:50

The risk that inflation will overshoot the 6% upper limit of the Reserve Bank’s target should not be underestimated given the volatile global environment, Deputy Governor Daniel Mminele said.

SA can still bank on SARB's independence, says Mokonyane in post-Cabinet briefing

2018-08-23 20:00

Cabinet has reiterated its commitment to maintaining the SA Reserve Bank's independence, as it is one of the key strengths in SA's economy, Communications Minister Nomvula Mokonyane has said.

The Reserve Bank plans to woo the public and Parliament – as it defends against ‘attempts to undermine and capture’

2018-06-26 11:04

The SA Reserve Bank is "not immune to attempts to undermine and capture state institutions," says its governor,

Vele Investments on board with VBS Bank curatorship

2018-03-17 11:00

One of VBS Mutual Bank’s major shareholders, Vele Investments, has dropped its legal challenge against the mutual bank’s curatorship.

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