[ad_1] What will the impact of greylisting be for South Africans? While greylisting can limit access to international financial markets and increase the costs of trade, global markets largely…
Tag: sarb
South African central bank opts for another ‘hawkish hold’
[ad_1] The logo of South Africa’s central reserve bank is seen during the delivery of a keynote address by South Africa’s central bank governor, Lesetja Kganyago, at the University of…
Failing Rail, Ports Are New South African Growth Risk, SARB Says
[ad_1] South Africa’s central bank is concerned that the country’s failing port and rail network is thwarting efforts to revive the economy, just as the energy supply begins to show…
South African rand slips after mixed economic data
[ad_1] South African Rand coins are seen in this illustration picture taken October 28, 2020. REUTERS/Mike Hutchings/Illustration Acquire Licensing Rights JOHANNESBURG, Nov 21 (Reuters) – South Africa’s rand slipped on…
South African Reserve Bank to hold repo rate at 8.25% on Nov. 23
[ad_1] JOHANNESBURG, Nov 17 (Reuters) – The South African Reserve Bank (SARB) will keep its repo rate unchanged on Nov. 23 and wait until May 2024 before cutting it, a…
Sarb to hold repo rate at 8.25% – poll
[ad_1] The South African Reserve Bank (Sarb) will keep its repo rate unchanged on November 23 and wait until May 2024 before cutting it, a Reuters poll found, as policymakers…
‘Job not done’ on inflation, Kganyago says | Business
[ad_1] His comments came just days after data from the statistics office showed South Africa’s inflation had eased to a two-year low of 4.7% in July from 5.4% the…
Alarm bells as local investors cool on SA debt | Business
[ad_1] South Africa’s reliance on deep local markets to finance most government borrowing is no longer a given. Domestic investors are demanding ever-higher yields as foreigners pull back from the…
Finance minister places Habib Overseas Bank into curatorship to protect depositors | Business
[ad_1] Finance Minister Enoch Godongwana. Gallo Images/Brenton Geach The minister of finance has placed Habib Overseas Bank under curatorship. A company linked to Gupta associate Salim Essa tried to buy…
Reserve Bank expected to hike rates again | Business
[ad_1] Reserve Bank governor Lesetja Kganyago. Picture: Gallo Images / Business Day / Freddy Mavunda Central banks in Africa’s biggest economies are poised to raise interest rates this month to…