South African Reserve Bank

People have Skewed Views on Inflation. Why This Matters

Countries that use an inflation target to anchor monetary policy pay considerable attention to expectations of future inflation.South Africa is a case in point. The country has an inflation target of 3% to 6% per annum, with a particular...

Joburg Post·almost 5 years ago

Evolution of ANC Economic Policy Sheds Light on Squabble Over the Central Bank

The recent squabble over the mandate of the South African Reserve Bank has very little to do with real economic policies. It is rather emblematic of the intensely polarised levels of political distrust that currently exists within the Af...

Joburg Post·over 4 years ago

National Treasury's Response To Allegation By Tokyo Sexwale

Allegations made by Mr Tokyo Sexwale on alleged billions that have been deposited at the South African Reserve Bank (SARB) points to a common scam. Over the years, National Treasury and the SARB have received many such requests for, or ...

Phumzile Mavimbela·almost 3 years ago

South African Reserve Bank Celebrates Centenary With Virtual Ceremony.

The South African Reserve Bank celebrated its hundredth anniversary today (June 30) in a virtual celebration attended by former governors and the heads of international organisations. Giving the keynote address, Minister of Finance...

Phumzile Mavimbela·over 2 years 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

Special Investigating Unit Granted Order To Freeze Money Held In Bank Accounts Linked To Transnet Locomotive Supplier

The Special Investigating Unit (SIU) and Transnet SOC Limited (Transnet) have been granted a preservation order by the Special Tribunal (Tribunal) to freeze approximately R4.2 billion held in bank accounts linked to CRRC E-Loco Supply (P...

Phumzile Mavimbela·over 2 years ago

South Africans' tough times are set to be lasting, as Reserve Bank hikes repo rate

Consumers will have to restructure their budgets once more to accommodate the new repo rate. This comes as the South African Reserve Bank (SARB) has increased the repo rate by a an overwhelming 50 basis points, leaving its at an all time...

Tshegofatso Makola·12 months ago

President Cyril Ramaphosa's response to Questions for Oral Reply in the National Assembly - Thursday, 02 November 2023

The Census 2022 data will be used in the work being coordinated by the Department of Planning, Monitoring and Evaluation on the 30-year review of progress since the advent of democracy and for the development of the medium-term national ...

The Presidency: Republic of South Africa·5 months ago