Lesetja Kganyago

Sarb Expected to Cut Interest Rate to Stimulate Growth

South Africa is gearing up for a possible interest rate cut tomorrow, as moderating inflation pushes for a rate respite to inject cash into the struggling economy. The monetary policy committee (MPC) of the SA Reserve Bank (Sarb) is wid...

Joburg Post·almost 5 years ago

MPC increases repo rate by 75 basis points to 7%

Three members of the Committee preferred the announced increase. Two members preferred a 50 basis points increase

Lesetja Kganyago - Governor of the South African Reserve Bank·over 1 year ago

In conversation with South Africa’s central bank governor Lesetja Kganyago

The South African Reserve Bank is critical in formulating and implementing monetary policy and ensuring financial stability in the country. In this Wits Business School Leadership Dialogue, Professor Mills Soko talks to Reserve Bank Gove...

Mills Soko ·over 2 years ago

SAFTU to protest outside the central bank offices in Pretoria

Ahead of the announcement of the interest rate hike, the South African Federation of Trade Unions (SAFTU) will protest outside the central bank offices on Thursday the 25th of May 2023.

Neo Poho·11 months ago

Reserve Bank finds Ramaphosa did not contravene the exchange control act

The South African Reserve Bank (SARB) has found that President Cyril Ramaphosa's Ntaba Nyoni Estate, that owns the Phala Phala game farm, was not legally entitled to the $580 000 it received from Sudanese businessman Hazim Mustafa for 20...

Neo Poho·8 months ago