Economist Maudi Lentsoane predicts that the South African Reserve Bank (SARB) is likely to cut the repo rate further when its monetary policy committee concludes its meeting on Thursday. Last month, the ...
PRETORIA - South Africa will keep paying a high rate of interest on the loans it needs to plug a widening budget deficit until its fiscal problems are addressed, the ...
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 closer to ...
JOHANNESBURG - South Africa’s rand weakened in early trade on Monday as an attack on Saudi Arabia’s oil facilities dented risk appetite, while investors braced for monetary policy decisions from ...
JOHANNESBURG - As the South African Reserve Bank (Sarb) prepares to announce its decision on the repo rate on Thursday afternoon, concerns have been raised around the African National Congress’ (ANC) ...
JOHANNESBURG – The African National Congress (ANC) has no intent to tinker with the independence of the SA Reserve Bank (Sarb), President Cyril Ramaphosa said, after the party said the bank should broaden its ...
Finance Minister Tito Mboweni has strongly defended the role of the Treasury and the South African Reserve Bank in the VBS Mutual Bank’s saga. They have both been lambasted by some ...
JOHANNESBURG - South Africa will struggle to raise the tax revenues needed to reduce a budget deficit and support fragile economic growth due to ongoing problems in tax administration, the ...
CAPE TOWN - South Africa’s ruling ANC has delayed a motion due to be debated in parliament on Tuesday on a resolution calling for the nationalisation of the reserve bank but ...
The Reserve Bank has established a programme that will assess the emergence of technologies applied to financial services. “… the SARB recently established the Financial Technology (FinTech) Programme to strategically ...
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