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with South African commercial banks holding the remaining 50%. A new board and structure were established, with plans for the Reserve Bank to eventually sell its stake to the public. African Bank ...
The Economic Freedom Fighters (EFF) has expressed excitement and welcomed the decision of reviving the nationalisation of the South African Reserve ... power to appoint board directors, instead ...
African Bank Ltd., rescued by South Africa’s central bank a decade ... but we will be guided by the market, advisers, the board and investors, he said.
The decision to lower the repo rate (ZAREPO=ECI), opens new tab by 25 basis points (bps) to 7.75% was unanimous, with no discussion about a larger 50 bps cut, South African Reserve Bank Governor ...
The findings are likely to encourage the South African Reserve Bank (SARB) to forge ahead with its monetary easing cycle, potentially by cutting interest rates in larger increments. The fourth ...
The South African Reserve Bank has constructed a new inflation measure to monitor underlying price developments that will help support monetary policy decision making. Supercore inflation is made ...
The South African Reserve Bank held its main repo rate at 7.5% on Thursday, as tensions with the U.S. continue to rise amid escalating global uncertainty. On Friday, U.S. Secretary of State Marco ...
The South African Reserve Bank's Monetary Policy Committee has reduced the repurchase rate by 25 basis points to 7.5%. Governor Lesetja Kganyago announced the decision earlier today. Grootes ...
Speaking on the sidelines of the IMF and World Bank spring meetings in Washington, South African Reserve Bank Governor Lesetja Kganyago said it was too early to know the impact on global ...