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“This year we put out our first climate-risk scenario, common stress test, where we allow all of the banks to tell us how would they respond to a finance stress,” said South African Reserve ...
Mumbai, Jun 6 (PTI) The Reserve Bank of India (RBI) cut interest rates by more than expected 50 basis points on Friday, a third consecutive reduction, and unexpectedly reduced the cash reserve ...
The dehorning of rhinos resulted in a nearly 80-percent reduction in the poaching of the animals during a seven-year study in a major South African conservation area, researchers said Thursday.
As most retirement fund investors know, South Africa implemented the two-pot retirement system effective 1 September 2024. This reform affects how future contributions to retirement funds ...
The Federal Reserve’s new financial supervision chief ... Her comments were welcomed by bank lobbyists. “Bowman highlighted the significant impact of banking regulations on all Americans ...
It will also make South African bonds, equities and real estate more valuable over time, all else being equal. Kganyago, in the latest Monetary Policy Committee (MPC) statement, said that the Reserve ...
the South African Reserve Bank (SARB) said, citing the fact that the value of goods exported had increased in rand terms. The local currency has been worth between just under R19 to the dollar at ...
At 0551 GMT the rand traded at 17.8425 against the dollar, about 0.2% weaker than Wednesday's close. The South African Reserve Bank will publish the country's first-quarter current account data at ...
The performance followed a long-anticipated 25 basis point cut in the repo rate by the South African Reserve Bank (SARB), a policy shift welcomed by the automotive sector as a boost to affordability, ...
African Bank is 50% owned by the South African Reserve Bank, with the Government Employees Pension Fund owning 25%.A consortium of five South African banks holds the other 25% on a pro-rata basis ...
Furthermore, the South African Reserve Bank’s Monetary Policy Committee ... South Africa. Picture: Gallo Images/Brenton Geach Earlier this month, Judge Nathan Erasmus found the three guilty ...