If we are serious about growing the economy and creating jobs, we need to support these young people – even though they don't seem to expect any help or handouts, writes Melanie Verwoerd.
Showers late. Morning clouds. Mild.
Fundi Tshazibana and Rashad Cassim have both had long careers in and outside the civil service.
Private sector salaries rose by an average of 4.5% last year.
The Reserve Bank has to start cutting rates. And history needs to repeat itself.
The prime interest, which currently sits at 10.25%, is expected to drop, but the situation calls for saving rather than spending.
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.
One could describe 2018 as a rollercoaster year, says analyst Peter Attard Montalto, head of Capital Markets Research at Intellidex.
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.
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.
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.
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.
"I'll serve, if asked," says SARB governor Kganyago. But what if the IMF asks first?
ANC Secretary General Ace Magashule says the party's leaders must be more "radical" in implementing its 2017 national conference resolutions.
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.
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.
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.
Threats to central bank independence are no longer just an “emerging-market phenomenon,” according to South African Reserve Bank Governor Lesetja Kganyago.
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.
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 SA Reserve Bank is "not immune to attempts to undermine and capture state institutions," says its governor,
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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