Sarb

https://www.youtube.com/watch?v=ZEbhP9O2Ahw Statement of the MPC Issued by Lesetja Kganyago, Governor of the South African Reserve Bank As we enter the second half of 2023, near term prospects for the global economy are broadly…

You can also listen to this podcast on iono.fm here. Interview starts at the 24:26 minute mark. JEREMY MAGGS: Now the Minister of Finance has rejected a call by some in the ANC for him to influence the central bank to use measures other…

South Africa’s inflation rate fell below the central bank’s target ceiling for the first time in 14 months, on lower food costs. Consumer prices rose an annual 5.4% in June from 6.3% the previous month, Pretoria-based Statistics South…

You can also listen to this podcast on iono.fm here JIMMY MOYAHA: Just recently, the AIDC (Alternative Information and Development Centre) made a call for the central bank governor to resign off the back of the latest interest rate…

South Africa’s central bank has warned of dire consequences should the country face censure due to its stance on Russia’s invasion of Ukraine At worst, secondary or indirect sanctions could be imposed on the country and lead to a sudden…

You can also listen to this podcast on iono.fm here. JEREMY MAGGS: So let’s continue the conversation. South Africans are facing another interest rate hike this week. The South African Reserve Bank (Sarb) holds its Monetary Policy…

The South African Reserve Bank (Sarb) will hike the repo rate for the last time in the current cycle on Thursday, then the hit brakes. But with the bank’s hiking cycle not expected to turn anytime soon, consumers can expect interest rates…

South Africa’s central bank will only publish estimates derived from its updated Quarterly Projection Model after its interest-rate setting meeting later this month. The model, which informs monetary policy decisions, is undergoing a major…

You can also listen to this podcast on iono.fm here. FIFI PETERS: Some important news came from the South African Reserve Bank today, the Sarb, saying that it has set up South Africa’s first deposit insurance body, called the…

The collapse of Silicon Valley Bank and the turmoil at Credit Suisse are not expected to affect South Africa’s banks or financial system, the South African Reserve Bank said on Friday. “While these events reflect fragilities in the global…