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South African Reserve Bank

A guide to cryptocurrencies in South Africa: crypto exchanges and regulation explained
Partner Content
/ 5 November 2024

A guide to cryptocurrencies in South Africa: crypto exchanges and regulation explained

Crypto exchanges are like marketplaces for cryptocurrencies, allowing users to buy, sell, trade and store their crypto holdings

By Partner Content
Having hit the 4.5% goal, Kganyago eyes lower inflation target
Business
/ 26 October 2024

Having hit the 4.5% goal, Kganyago eyes lower inflation target

The governor of the central bank mulls targets as inflation drops

By Aarti Bhana
Africa mourns visionary leader Tito Mboweni, champion of integrity and governance reform
Article
/ 14 October 2024

Africa mourns visionary leader Tito Mboweni, champion of integrity and governance reform

Throughout his career, Tito highlighted the importance of involving young people in governance structures alongside experienced leaders

By Maxwell Gomera
‘We have lost a leader and compatriot’ – Ramaphosa on Tito Mboweni’s death
Politics
/ 13 October 2024

‘We have lost a leader and compatriot’ – Ramaphosa on Tito Mboweni’s death

Ramaphosa extended his condolences to Mboweni’s family and friends, calling the news “a shock”

By Mandisa Nyathi
Reserve Bank cuts repo rate to 8%
Business
/ 19 September 2024

Reserve Bank cuts repo rate to 8%

This comes as inflation eased to 4.4% in August, below the midpoint of the Reserve Bank’s 3-6% target band

By Aarti Bhana
Reserve Bank expected to cut interest rates marginally as inflation moderates
Business
/ 16 September 2024

Reserve Bank expected to cut interest rates marginally as inflation moderates

Better than expected inflation outcomes domestically and globally back the case for the central bank to cut the repo rate to 8%, economists said

By Aarti Bhana
Plans to revive VBS Mutual Bank ‘progressing’
National
/ 12 August 2024

Plans to revive VBS Mutual Bank ‘progressing’

Efforts to reopen VBS as a commercial entity are ongoing, with a focus on regulatory oversight to prevent past mismanagement and corruption

By Mandisa Nyathi
Inflation eases in June to lowest rate this year
Business
/ 24 July 2024

Inflation eases in June to lowest rate this year

Statistics South Africa data released on Wednesday showed that the CPI annual rate was 5.1% in June compared with 5.2% in May

By Anathi Madubela
Reserve Bank hold repo rate steady despite inflation pressures
National
/ 18 July 2024

Reserve Bank hold repo rate steady despite inflation pressures

Governor Lesetja Kganyago said the central bank would wait for the inflation rate to fall within its 3% to 6% target before it makes a cut

By Anathi Madubela
Reserve Bank widely expected to hold interest rates this week
Business
/ 16 July 2024

Reserve Bank widely expected to hold interest rates this week

Consumer inflation remains sticky above the 4.5% midpoint of the central bank’s target range

By Aarti Bhana
High interest rates lock prospective homeowners out of property market
Business
/ 30 June 2024

High interest rates lock prospective homeowners out of property market

A survey found that residential rental vacancies had dropped to their lowest level since 2016, as buying becomes less attainable

By Anathi Madubela
Inflation holds firm in May
Business
/ 19 June 2024

Inflation holds firm in May

Still-sticky inflation could further delay long-awaited interest rate cuts

By Sarah Smit
Financial system coped with pre-election jitters, but risks remain
Business
/ 5 June 2024

Financial system coped with pre-election jitters, but risks remain

The Financial Stability Review highlights resilience, but warns of geopolitical risks and high government debt exposure

By Sarah Smit
Reserve Bank holds repo rate
Business
/ 30 May 2024

Reserve Bank holds repo rate

Delivering the unanimous decision, central bank governor Lesetja Kganyago cited a still uncertain global outlook

By Aarti Bhana
Explainer: How the Reserve Bank decides on interest rates
Business
/ 28 May 2024

Explainer: How the Reserve Bank decides on interest rates

Movements in headline inflation are a key indicator, but decisions are also influenced by central banks around the world, especially the US Federal Reserve

By Aarti Bhana
Reserve Bank likely to keep interest rates unchanged next week
Business
/ 24 May 2024

Reserve Bank likely to keep interest rates unchanged next week

Consumer inflation has eased but is still not comfortably within the central bank’s target of 3% to 6%

By Aarti Bhana
Consumer inflation eases in April, but interest rate cut still unlikely this month
Business
/ 22 May 2024

Consumer inflation eases in April, but interest rate cut still unlikely this month

The central bank has maintained the key repo rate at 8.25% since hiking it by 50 basis points in May 2023

By Aarti Bhana
South Africa rate cuts on hold: What borrowers need to know
Partner Content
/ 20 May 2024

South Africa rate cuts on hold: What borrowers need to know

Some strategies for financial resilience

By Partner Content
Disinflation uncertainty could push interest rate cuts to 2025
Business
/ 23 April 2024

Disinflation uncertainty could push interest rate cuts to 2025

The US Federal Reserve’s ‘higher for longer’ stance and local election jitters have weighed on the rand, adding to price pressures

By Sarah Smit
WeBuyCars listing: Cruise or crash?
Business
/ 6 April 2024

WeBuyCars listing: Cruise or crash?

The unbundling of the company will help parent, Transaction Capital, pay some of its debts

By Sarah Smit and Anathi Madubela
WeBuyCars CEO on JSE listing: Nothing will halt our growth
Business
/ 5 April 2024

WeBuyCars CEO on JSE listing: Nothing will halt our growth

Faan van der Walt says the used-car seller has a winning formula and can withstand future economic challenges

By Anathi Madubela
Phala Phala: Public protector says she had no right to Ramaphosa’s tax records
National
/ 3 April 2024

Phala Phala: Public protector says she had no right to Ramaphosa’s tax records

The ATM’s argument that she skirted this and other issues in the scandal had no merit, Gcaleka’s office has argued in court papers

By Emsie Ferreira
MPC holds repo rate at multi-year high
Business
/ 27 March 2024

MPC holds repo rate at multi-year high

Inflation is now expected to return to the Reserve Bank’s midpoint target at the end of 2025, later than previously forecast

By Sarah Smit
SARB will hold off on rate cuts until July, experts predict
Business
/ 27 March 2024

SARB will hold off on rate cuts until July, experts predict

Today’s monetary policy committee meeting comes in the wake of a surprise acceleration in South Africa’s annual inflation rate

By Sarah Smit
Ramaphosa picks Mampho Modise as deputy Reserve Bank governor
Business
/ 15 March 2024

Ramaphosa picks Mampho Modise as deputy Reserve Bank governor

The president reappointed Reserve Bank governor Lesetja Kganyago, as well as deputy governors Fundi Tshazibana and Rashad Cassim

By Sarah Smit
Elections: ANC, DA and EFF go toe-to-toe on the economy
Politics
/ 9 March 2024

Elections: ANC, DA and EFF go toe-to-toe on the economy

With the country’s economy on the brink, the ‘Big Three’s’ employment and growth promises hold more weight than ever

By Sarah Smit
Nedbank won’t be crushed by falling interest rates, says chief financial officer
Business
/ 6 March 2024

Nedbank won’t be crushed by falling interest rates, says chief financial officer

Shored up by higher borrowing costs, South Africa’s banking sector seems to have to weather the 2023 economic storm

By Sarah Smit
Treasury puts the brakes on a left turn
Analysis
/ 5 March 2024

Treasury puts the brakes on a left turn

Some consider the decision to tap the forex reserve as a sign that the state can be swayed by the left. But the ANC-led government knows exactly how to neutralise progressive forces

By Sarah Smit
Petrol prices pump up the pain
Business
/ 4 March 2024

Petrol prices pump up the pain

Motorists are in store for another price hike come Wednesday

By Sarah Smit
Signs point to SA having avoided a technical recession
Business
/ 4 March 2024

Signs point to SA having avoided a technical recession

According to economists, the country’s fourth-quarter GDP numbers will have been buoyed by a winding down of power outages

By Anathi Madubela
More to be done before SA makes its great grey list escape
Business
/ 29 February 2024

More to be done before SA makes its great grey list escape

According to the treasury, the country’s authorities still need to fulfil 17 tasks in its 22-point plan

By Sarah Smit
Budget 2024: State to tap into R500 billion forex reserve
Business
/ 21 February 2024

Budget 2024: State to tap into R500 billion forex reserve

The decision follows pressure from civil society and labour — as well as warnings that the treasury risks leaving the Reserve Bank in a precarious position

By Sarah Smit
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