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President Cyril Ramaphosa EFF
news

Phala Phala: EFF to take Reserve Bank report on review

SARB Interest rate
Business and Finance

BREAKING: SA Reserve Bank keeps interest rates on hold

south africa reserve bank sarb interest rate
Business & Finance

Inflation numbers spell GOOD interest rate news for South Africans

President Cyril Ramaphosa EFF
News

Phala Phala: EFF to take Reserve Bank report on review

SARB Interest rate
Business and Finance

BREAKING: SA Reserve Bank keeps interest rates on hold

south africa reserve bank sarb interest rate
Business & Finance

Inflation numbers spell GOOD interest rate news for South Africans

Cross-border transactions
Business & Finance

Changing hands, changing currencies – SARB approval for cross-border transactions

By Tax Consulting SA06-10-2021 11:15

In light of recent developments on the sides of both the South Africa Revenue Service (“SARS”) and the South African Reserve Bank (“SARB”), the regulatory burden for the cross-border flow of funds, resulting from transactions concluded between South African residents and foreign parties, has been significantly eased.

R10 coin SARB
Business & Finance

Will SA introduce a R10 coin? SARB ‘mulling its options’

By Tom Head28-09-2021 15:35

Only 500 commemorative R10 coins have been produced before – but one SARB official believes ‘it makes financial sense’ to bring more into circulation.

Tokyo Sexwale report frustrates Palestinian hopes for justice
News

Scam Latest: Sexwale claim regarding billions points to scam

By Lyse Comins26-04-2021 18:10

The SARB and National Treasury says that Tokyo Sexwale and his unknown sponsor must provide evidence of funds allegedly deposited.

Tokyo Sexwale Heritage Fund Reserve Bank
News

Sexwale claims Ramaphosa ‘blue ticked’ messages about stolen funds

By Storm Simpson22-04-2021 16:11

Tokyo Sexwale treated journalists to a blockbuster press conference in Johannesburg about the WSB Trust on Thursday, 22 April.

Tito Mboweni lies budget
News

Tito Mboweni dismisses Tokyo Sexwale’s missing ‘Heritage Fund’ claims

By Storm Simpson19-04-2021 20:18

Mboweni and the South African Treasury and Reserve Bank rubbished claims made by Tokyo Sexwale about a secret fund that is being stolen from.

FNB
Business & Finance

SARB warns rising public debt ‘will severely impact financial sector’

By Dan Meyer24-11-2020 18:38

The SARB gave an ominous assessment of the potential implications of SA’s economic recovery plan, and are concerned about rising debt.

Getting back to pre-pandemic o
News

Getting back to pre-pandemic output levels will take time, says Kganyago.

By Mfundo Mabalane19-11-2020 21:52

The Monetary Policy Committee has resolved to leave the repo rate unchanged at 3.5% as inflation is expected to remain contained.

EFF wants SARB to be 100% stat
News

EFF wants SARB to be 100% state-owned

By Riyaz Patel26-09-2020 13:19

The EFF say they are proposing an amendment that will take shares from 800 odd private shareholders [and give] it to 57 million South Africans.

interest rates SA Reserve Bank
Business & Finance

The SARB should be warned: There is no easy way out

By Natale Labia11-05-2020 11:35

The last few months have witnessed unprecedented actions from the world’s central bankers. The South African Reserve Bank’s response to the costs of the crisis must be managed with extreme caution.

Rand to dollar exchange rate
Business & Finance

SARB to splash cash on government bonds, will ‘increase market liquidity’

By Tom Head25-03-2020 12:12

SARB are reluctant to label this ‘quantative easing’, but their move to buy a number of government bonds signals a dramatic move to help the banks.

interest rate bond repayments
Offbeat

Don’t fall victim to new coronavirus cash scam, warns SARB

By Andrea Chothia17-03-2020 14:06

SARB says the latest scam involves criminals asking members of the public to hand over their money because it is carrying the coronavirus.

Three things we can expect from the Economic Recovery Plan
News

ANC internal war brewing: Party statement slams Tito Mboweni

By Tom Head15-01-2020 17:16

Tito Mboweni has Tweeted himself into trouble once more. He has said the ANC are “wrong” to nationalise SARB – but the party have hit back ferociously.

Standard Bank vaccine mandate
News

Reserve Bank fines Standard Bank R30m, sanctions on four other banks

By Andrea Chothia20-12-2019 19:16

The South African Reserve Bank has fined five banks for weaknesses regarding their money laundering control measures. Here’s the lowdown.

SARB
News

Public protector cites ‘challenges’ with SARB in VBS investigation

By Andrea Chothia12-12-2019 18:13

Public Protector Busisiwe Mkhwebane said there are some investigative challenges in the SARB and VBS saga.

Public Protector Busisiwe Mkhwebane tembisa 10
News

PR disaster: Busisiwe Mkhwebane’s humbling ConCourt defeat explained

By Tom Head22-07-2019 11:06

Just 15 hours after President Cyril Ramaphosa blasted Busisiwe Mkhwebane in a televised address, the Public Protector was steamrollered in ConCourt.

Jacob Zuma trial state capture inquiry
News

Zuma weighs in as Reserve Bank ‘uncertainty’ deepens ANC factionalism

By Luke Daniel07-06-2019 07:34

The former president wants to ‘remind’ the ANC of what was discussed in 2017…

repo rate
News

Kganyago: Repo rate remains unchanged at 6.75%

By SAnews18-01-2019 07:27

A decision welcomed by our economy.

National Minimum Wage
Business & Finance

“The Reserve Bank will remain independent” – says Ramaphosa ahead of repo rate announcement

By Andile Sicetsha17-01-2019 11:24

“Hands off the Reserve Bank” – says Ramaphosa ahead of the repo rate announcement.

Interest rate sarb
Business & Finance

Interest rate raised: Here are the pros and cons of an increase from SARB

By Tom Head22-11-2018 15:15

Need to bust through the financial jargon? SARB raised the interest rate by 0.25% on Thursday, and this is what you need to know.

load shedding eskom rand
Business & Finance

Assessing the risks to South Africa’s financial stability

By Luke Daniel13-11-2018 09:36

The Second Edition of the Financial Stability Review (FSR) focuses on risk analysis, forecasting trends which may trip up the local economy within the next 12 months.

NDPP interviews
News

“VBS looting was racketeering at its worst” – says acting NPA head

By SAnews07-11-2018 16:09

The Hawks, NPA and SARB deputy governor were briefing Parliament’s committee for finance on the VBS Mutual Bank report.

KPMG South Africa
News

KPMG South Africa woes continue after Nedbank bails on embattled auditors

By Andile Sicetsha29-10-2018 16:43

More losses for a firm that was once one of the biggest in South Africa.

Floyd Shivambu pauli van wyk
News

Pauli van Wyk on VBS report: R10m was siphoned into Floyd Shivambu personal account

By Andile Sicetsha11-10-2018 12:40

Shocking details revealing how Floyd and the EFF may have benefitted from the VBS loot money.

eff afriforum
News

EFF issue statement on VBS Mutual Bank report, ignore Shivambu link

By Andile Sicetsha11-10-2018 09:07

Shivambu remains silent about his brother’s involvement.

South Africa in longest downwa
Business & Finance

South Africa in longest downward business cycle since 1945, economists report

By Luke Daniel09-10-2018 09:29

South Africa’s economy is operating far below its potential.

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