Tokyo Sexwale treated journalists to a blockbuster press conference in Johannesburg about the WSB Trust on Thursday, 22 April.
Mboweni and the South African Treasury and Reserve Bank rubbished claims made by Tokyo Sexwale about a secret fund that is being stolen from.
The controversial bill, introduced by EFF leader Julius Malema, seeks to make the South African Reserve Bank (Sarb) entirely state-owned
The other seven, including the bank’s CEO, Andile Ramavhunga, board member and former CFO of the SA Police Service Phalaphala Ramikosi, former chair Tshifhiwa Matodzi and treasurer Phophi Mukhodobwane appeared before the Palm Ridge Regional Court where they were each granted R100 000 bail each
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.
The SA Reserve Bank’s decision to cut rates by 1% was unexpected, but needed. More reductions are likely in 2020 as the economy struggles.
The finance minister has called on those with different opinions to engage in debate and not to resort to name-calling.
The DA argued that more than anything, the ANC’s divided stance on the issue can be detrimental to the economy
The slight drop in the repo rate is a good thing for ordinary South Africans as banks will charge less interest rates on prime-linked loans.
Absa has appointed the South African Reserve Bank’s former deputy governor Daniel Mminele as its new group CEO.
Kganyago noted that future policy decisions will continue to be highly data-dependent.
The Reserve Bank is expected to make its decision on the repo rate, on Thursday.
Monetary policy actions will focus on anchoring inflation expectations near the mid-point of the inflation target range in the interest of balanced growth.
Nomfundo Tshazibana and Rashad Cassim begin their tenures with SARB today in the midst of an uncertain time for South Africa’s central bank.
Sarb has reduced the interest rate by 0.25%, just as expected, in order to try and stimulate more growth in the stagnating South African economy.
The interest rate cut forecast for South Africa is expected to stimulate the economy. But as always, any decision to alter the rate comes with its ups and downs.
It appears very likely that the South African Reserve Bank will be cutting the repo rate by 25 basis points in order to stimulate growth in the economy.
Ace Magashule has been called a liar by Enoch Godongwana over his comments involving the mandate of the South African Reserve Bank.
The EFF have been busy this week, making all sorts of pronouncements against the ANC. However, they’ve now turned their attention towards Tito Mboweni.
Inflation outlooks have encouraged the MPC to keep the repo rate unchanged.
SRWP’s main focus, as it rolls out its manifesto, is to nationalise the reserve bank.
A slight breather for South Africa’s economy, for now.
SA Mint won the accolade for its R2 Crown coin depicting the world’s first successful human-to-human heart transplant at the Groote Schuur Hospital in Cape Town.
Radzilani has continued to maintain her innocence.
Access to the central bank will solve the country’s woes, according to the ANC.