Plan for South Africa to kiss cash goodbye
South Africa’s government has drawn up a lofty plan to develop a free digital payment platform for residents to reduce cash ...
Plan to take on South Africa’s big banks
Several of South Africa’s biggest payment providers plan to cut the cost of digital transactions by entering the country’s ...
South Africa’s Reserve Bank faces pressure to recover billions lost in Steinhoff scandal
Committee Chairperson, Joe Maswanganyi said the Steinhoff investigations have not been shelved by the committee which still ...
Bloomberg L.P.26d
Rand Drop Won’t Derail South African Inflation Plans, Policymaker Says
Rand Drop Won’t Derail South African Inflation Plans, Policymaker Says South African Reserve Bank delivers next rate decision Jan. 30 Rand has slide sharply since Donald Trump won the US election ...
Zawya19d
South Africa: Reserve Bank likely to cut rates by 25 bps say economists
The South African Reserve Bank will trim its repo rate next week by a quarter of a percentage point to 7.50% and repeat that in March, but then delay its final 25 basis point cut of the cycle to the ...
businesstech.co.za29d
Here are the true owners of the South African Reserve Bank
The South African Reserve Bank (SARB) has 830 shareholders, with a small group owning 10,000 shares each. This was revealed in the Reserve Bank’s latest annual report, which provided details abo ...
Reuters22d
South African growth outlook has improved but inflation risks abound, central bank says at Davos
South African Reserve Bank (SARB) Governor Lesetja Kganyago told Reuters in an interview at the World Economic Forum's annual meeting in Davos, Switzerland, that growth in Africa's most ...
Independent Online21d
‘Closer to 2%!’ Reserve Bank Governor Lesetja Kganyago tells WEF South Africa’s economic outlook is improving
South African Reserve Bank (SARB) Governor Lesetja Kganyago emphasised that sentiment around SA’s economic outlook is improving when compared to last year. However, he warned that inflation is ...
Bloomberg L.P.6d
South Africa Banks Seek New Scorecard on Apartheid-Redress Plans
South Africa Banks Seek New Scorecard on Apartheid-Redress Plans Government must complete review of FSC transformation track Current scorecard isn’t measuring outcomes well, BASA says ...
businesstech.co.za25d
The plan to triple South Africa’s economic growth
President Cyril Ramaphosa convened with government ministers and top South African business leaders ... with experts such as the Reserve Bank, the IMF, the National Treasury, and the World Bank ...
South African rand weakens ahead of data-filled week
South Africa's rand slipped on Monday, ahead of a week packed with domestic and international data releases, with eyes set on interest rate decisions from the Federal Reserve and the South African ...
South African rand edges higher ahead of US rate decision
South Africa's rand edged higher early on Wednesday ahead of an interest rate decision by the U.S. Federal Reserve.