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Reserve Bank

33 stories Newest first
19 Sep 2019 · 16:40 Community
SARB holds interest rate at 6.5% in unanimous decision

PRETORIA - South Africa’s central bank left its main interest rate on hold at 6.5% on Thursday as expected, saying it would like to see inflation expectations anchored…

by Staff Writer
16 Aug 2019 · 10:49 General
Kganyago cautions SA against approaching IMF

Reserve Bank Governor Lesetja Kganyago has strongly cautioned against approaching the International Monetary Fund (IMF) for financial backing.

by Staff Writer
22 Nov 2018 · 15:40 General
Repo rate increases by 25 basis points

The MPC has decided to increase the repurchase rate by 25 basis points to 6.75% per year, effective from 23 November 2018. pic.twitter.com/pQ82N17vRJ

by Staff Writer
15 Oct 2018 · 08:24 Community
SACP’s Mapaila says heads must roll for VBS looting

First Deputy General Secretary of SA Communist Party (SACP) Solly Mapaila says heads must roll at the South African Reserve Bank because looting at VBS Mutual Bank has…

by Staff Writer
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