Lesetja Kganyago
- South Africa News
SARB: SA working around the clock to address FATF concerns
With South Africa eyeing an exit from the grey list by 2025, the reserve bank said it’s working around the…
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Grocery price increases set to tighten the noose around consumer’s necks in months to come
As South Africans sink deeper and deeper into a protracted cost-of-living crisis fuelled by the highest interest rate the country…
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SARB MPC keeps repo rate at 8.25%
The South African Reserve Bank (SARB)’s Monetary Policy Committee (MPC) has kept the repo rate at a 15-year high of…
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With repo rate unchanged at 8.25%, economists predict cut in late this year
The move to keep the repo rate unchanged at 8.25% comes as no surprise, as economists have predicted a cut…
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SA Reserve Bank rolls out deposit insurance fund to protect consumer savings
The South African Reserve Bank (SARB) has finally rolled out the deposit insurance fund – which is set to protect…
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President Ramaphosa extends SA Reserve Bank Governor Lesetja Kganyago’s term for another 5 years
Lesetja Kganyago will stay on for another five-year term as South African Reserve Bank governor when his current term ends…
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SARB: Rand manipulation probe in the hands of Competition Commission
The South African Reserve Bank says it refuses to meddle in the Competition Commission’s probe into claims of rand manipulation.…
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Reserve Bank keeps interest rates unchanged at 8.25%
Reserve Bank Governor Lesetja Kganyago has announced that interest rates will remain steady. The repo rate will remain at 8.25%…
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SARB puts rates on ice but remains hawkish
Indebted-consumers will have to endure elevated cost of borrowing for a bit longer as the South African Reserve Bank (SARB)…
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Presidency: Nothing secret about meeting between Cyril Ramaphosa & Treasury
The Presidency says reports of a secret meeting between President Cyril Ramaphosa and the Treasury are sensational and false. This…
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Kganyago: Load shedding significantly impacting the economy & inflation
Governor of the South African Reserve Bank (Sarb) Lesetja Kganyago said the impact of load shedding on economic activity has…
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SA Reserve Bank investigation reveals President Ramaphosa was not entitled to Phala Phala cash
The South African Reserve Bank (SARB) has concluded its year-long investigation into the controversial Phala Phala money laundering scandal –…
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SARB raises red flag of potential impact of El Niño on food prices
The South African Reserve Bank (SARB) has issued a warning about the potential impact of the El Niño weather conditions…
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Saftu: Latest GDP figure not worth celebrating
The South African Federation of Trade Unions (Saftu) said it didn’t believe it was worth celebrating the country’s new gross…
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Governor Kganyago: Power cuts & high inflation still threat to the economy
Load shedding, high inflation and a local currency still under pressure are just some of the factors cited by South…
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The Reserve Bank committed to taming inflation – Lesetja Kganyago
The Reserve Bank will stick to its mandate and act to tame high inflation, according to Reserve Bank governor Lesetja…
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PIC: Is this Lerato Kganyago’s father?
Social media users have a question that, is media personality Lerato Kganyago related to South African Reserve Bank Governor? Lerato…
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Reserve Bank announces repo rate decision
The South African Reserve Bank Governor, Lesetja Kganyago, has announced that the repo rate will be raised by 50 basis…
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Saftu criticizes Sarb’s move to increase repo rate to 7.25%
Trade union federation Saftu has again hit out at the reserve bank following its decision to increase the repo rate…
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SARB increases repo rate by 25 basis points
The repo rate has been raised by 25 basis points. South African Reserve bank governor Lesetja Kganyago announced this on…
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Repo rate & CPI combo a blow to consumers’ wallets
It seems as if the tough times faced by South African consumers in this challenging financial climate will not be…
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Sarb: Still room to raise interest rates
The South African Reserve Bank says there is still some room to raise the interest rates ahead of this month’s…
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Load shedding continues to make job creation more expensive, says Sarb’s Kganyago
South African Reserve Bank (Sarb) Governor Lesetja Kganyago on Tuesday said load shedding and higher transport costs continued to make…
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Governor Kganyago warns against pressuring Sarb to bring down unemployment
Reserve Bank Governor Lesetja Kganyago has again warned that putting pressure on the central bank to bring down unemployment could…
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Lesetja Kganyago won’t be commenting on Phala Phala probe or any ongoing
Reserve Bank Governor Lesetja Kganyago is yet to give an update on the Phala Phala farm investigation. Speaking on the…
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Lesetja Kganyago: Economy would’ve grown in excess of 2% were it not for load shedding
With Eskom announcing that Stage 3 load shedding will continue until further notice, Reserve Bank Governor Lesetja Kganyago has warned…
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SARB’s Kganyago says power cuts stifling economic growth
Rolling blackouts are stifling the country’s economic progress. That’s been confirmed by Reserve Bank Governor, Lesetja Kganyago. Eskom implemented Stage…
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MPs told Sarb cooperating on Phala Phala probes but can’t give details
The South African Reserve Bank has told Parliament that it is cooperating and working with law enforcement agencies in the…
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South African Reserve Bank hikes rates to keep inflation in check
The benchmark interest rate has been raised for the third time in a row as inflation stayed stubbornly high. The…
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Ubank placed under curatorship, but will continue to operate – says Kganyago
Reserve Bank Governor Lesetja Kganyago on Monday said Ubank would continue to operate despite being placed under curatorship. Ubank is…
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Reserve Bank expected to hike repo rate
The South African Reserve Bank is likely to hike its repo rate to try slow inflation. Statistics SA will also…
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Reserve Bank hikes the repo rate to 3.75%
The SA Reserve Bank has raised the repo rate by 25 basis points, to 3.75%. This is the first rate…
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Governor Kganyago: Reserve Bank also came under attack from state capture
South African Reserve Bank (Sarb) governor Lesetja Kganyago says the central bank also ‘came under attack’ from state capture, like…
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Reserve Bank governor Lesetja Kganyago warns Mzansi against overspending
South Africa should be wary of making large spending commitments. Reserve Bank Governor, Lesetja Kganyago, says this is a temptation…
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Reserve Bank keeps repo rate unchanged
The South African Reserve Bank’s Monetary Policy Committee (MPC) has decided to keep the repo rate unchanged at 3.5% per…
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Reserve Bank expected to keep interest rates on hold
The South African Reserve Bank (SARB) will almost certainly keep interest rates unchanged when its Monetary Policy Committee (MPC) meets…
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Governor Kganyago expects economy to return to pre-COVID levels somewhere in 2023
With the country counting the cost of the looting and the lockdown affecting growth, there are concerns that it will…
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SA Reserve Bank keeps repo rate at 3.5%
The South African Reserve Bank has decided to keep the repo rate unchanged at 3.5%. Governor Lesetja Kganyago made the…
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Reserve Bank keeps repo rate on hold at 3.5%
The South African Reserve Bank’s Monetary Policy Committee (MPC) has decided to keep the repo rate unchanged at 3.5% per…
Read More » - Business and Technology
Reserve Bank keeps repo rate unchanged – Reserve Bank Governor Lesetja Kganyago
The South African Reserve Bank has kept the repo rate unchanged. Reserve Bank Governor, Lesetja Kganyago said the Monetary Policy…
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Reserve Bank Governor Lesetja Kganyago to announce interest rate decision
Reserve Bank Governor, Lesetja Kganyago will announce the Monetary Policy Committee’s decision on interest rates. While financial asset prices have…
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Andile Lungisa apologises for racist rant against Sarb governor Kganyago
Convicted criminal and former Nelson Mandela Bay councillor Andile Lungisa has apologized to South African Reserve Bank Governor Lesetja Kganyago…
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Structural reforms needed to lift growth in Mzansi – Reserve Bank governor Lesetja Kganyago
No amount of monetary policy action can lift Mzansi’s economic and performance if structural impediments such as poor electricity supply…
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South Africa’s economy to shrink 8.2% in 2020: Governor Lesetja Kganyago
The Reserve Bank forecast the economy will shrink by 8.2% in 2020, but some forecasts foresee a double-digit contraction due…
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Reserve Bank announces decision on interest rates
The South African Reserve Bank announces the interest rate decision on Thursday. Reserve Bank Governor, Lesetja Kganyago will announce the…
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Reserve Bank Governor cuts repo rate by 50 basis points
The South African Reserve Bank has slashed the repo rate by 50 basis points. Reserve Bank Governor, Lesetja Kganyago announced…
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SA Reserve Bank governor announces interest rate decision
The South African Reserve Bank will announce its interest rate decision on Thursday. Its been almost eight-years since the bank…
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Credit rating is in our hands: Lesetja Kganyago
Reserve Bank Governor Lesetja Kganyago remains optimistic about the economy. That’s as Moody’s dealt Eskom another blow. The credit rating…
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Lesetja Kganyago to stay on as Reserve Bank governor
Reserve Bank governor Lesetja Kganyago will stay on as governor of the bank for the next five years. President Cyril…
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#Sona2019: Reserve Bank’s mandate won’t change – President Ramaphosa
Ramaphosa said the Sarb was there to protect the value of Rand ‘in the interest of balanced and sustainable growth’.…
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