SARB
- South Africa News
Rand plunges to 3-week low
The rand plunged to a three-week low yesterday on the back of market inertia as traders track US political developments…
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Opposition parties concerned Treasury dipping into SARB’s reserves
Political parties in Parliament have expressed mixed reactions to Finance Minister Enoch Godongwana’s Budget Speech. Democratic Alliance (DA) Spokesperson on…
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SARB expected to hold rates steady amidst inflationary pressures
The South African Reserve Bank (SARB) is expected to maintain its current repo rate of 8.25% when it announces its…
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South Africa’s Greylisting a stain on Cyril Ramaphosa’s legacy
To shake off the global greylisting status that the Financial Action Task Force (FATF) slapped South Africa with this week,…
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SARB expected to hike interest rates
The Reserve Bank is expected to further increase interest rates on Thursday. Analysts say the central bank won’t back down…
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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 to announce repo rate decision
Interest rates will have to be hiked to make inflation more manageable. Frank Blackmore says the South African Reserve Bank…
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SARB should have considered a lower rate increase: Cosatu
The Congress of South African Trade Unions (Cosatu) has condemned the central bank for the 75 basis points rate hike,…
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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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Cyril Ramaphosa stands firm on Reserve Bank issue
President Cyril Ramaphosa has backed the South African Reserve Bank as the debate rages on in the ruling party and…
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Ramaphosa meets with Reserve Bank board over vacancies
Ramaphosa committed to ensuring directors of a high calibre befitting the importance the country attaches to the Sarb are appointed.…
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ANC vows to return money received from VBS Mutual Bank
ANC officials who have been implicated in the Great Bank Heist report that was commissioned by the South African Reserve…
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Sanco requests probe for Zuma’s VBS loan
The South African Reserve Bank (SARB) placed VBS under curatorship in March and its annual financial statements were found to…
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Too early to panic about SA land – SA Reserve Bank deputy
The ANC’s plan to make it easier to take land without compensation could have an impact on financial-sector stability, but…
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