In Not Following the Fed, the BOE Is Set to Be One of the Herd
The Bank of England is set to join a growing number of central banks that are pressing ahead with cuts to their key interest ...
TechCentral2h
Keep bitcoin away from South Africa’s strategic reserve: Helen Zille
DA federal chair Helen Zille is bullish about bitcoin but has said it shouldn’t be used in South Africa’s strategic reserve.
Reserve Bank cuts interest rates by 0.25% bringing much-needed relief to South Africans
The South African Reserve Bank has announced a 25 basis point cut in the interest rate, marking the third consecutive ...
'Why do banks treat blacks differently’
Parliamentary standing committee on finance chairperson Joe Maswanganyi said the country cannot afford a financial sector ...
devdiscourse6d
SARB Cuts Repo Rate by 25 Basis Points Amid Inflation Stability and Global Uncertainty
Key Decision & Economic Outlook Announcing the decision on Thursday, SARB Governor Lesetja Kganyago stated that four out of ...
EWN Sport6d
MPC raises concerns about fluctuating global environment
Governor Lesetja Kganyago agreed that this uncertainty may present material risks. Kganyago on Thursday afternoon announced a repo rate cut of 25 basis points to 7.5%. However, two members of the ...
News246d
Meet the new SU Chancellor
Lesetja Kganyago, Governor of the South African Reserve Bank (SARB), was unanimously elected to the office of Chancellor of Stellenbosch University (SU) on Friday (24 January). This follows the end of ...
Independent Online3d
Slow pace of rate cuts perpetuating debt trap that millions of South Africans find themselves in
SARB Governor Lesetja Kganyago on Thursday announced that the central bank will cut the repo rate by 25 basis points, meaning rates will drop by 0.25%. This means that the repo rate will come down ...
Independent Online6d
Reserve Bank cuts interest rates by 0.25% bringing much-needed relief to South Africans
In September the Reserve Bank Governor, Lesetja Kganyago cut the repo rate by 25bps and again in November he cut the interest rate by another 25bsp. There was hope that the Kganyago and the MPC ...
EWN Sport6d
MPC decreases repo rate by 25 basis points to 7.5%
However, all members expressed concerns about the uncertain global outlook. Reserve Bank Governor Lesetja Kganyago made the announcement during a briefing in Johannesburg on Thursday. "The risks ...
CNBC Africa5d
South African central bank governor’s comments on rate decision
Governor of the South African Reserve Bank, Lesetja Kganyago, gestures during an interview with Reuters in Centurion, South Africa April 3, 2024 REUTERS/James Oatway/File Photo PRETORIA ...
Bizcommunity.com on MSN5d
Reserve Bank’s third rate cut in a row: What it means going forward
Reserve Bank Governor Lesetja Kganyago has announced a 25-basis-point rate cut for South Africa, lowering the prime lending rate to 11%—the third consecutive reduction by the Central Bank. This move ...