South Africa’s banks say PayShap is growing rapidly, but the SARB says adoption remains too slow, and may mandate wider acceptance
March CPI rose to 3.1%, within the SARB’s 3% target band, but the Iran conflict’s oil price shock is set to push April inflation sharply higher
The prime interest rate is a benchmark for pricing loans. Changing the benchmark will not alter the economics of lending
The former Steinhoff group is locked in a bitter legal war with the SARB, which it argues is being vindictive at the expense of foreign lenders
The Reserve Bank seeks a lower inflation target, but weak research, rising costs and flawed data stand in the way. Swift government reforms are key
To avoid unnecessary market volatility, the monetary policy committee needs to improve how it communicates its judgments and policy preferences.
Donald Trump’s ‘America First’ policies threaten to stoke inflation worldwide. Investors and households better brace for fewer interest rate cuts
The Reserve Bank’s hammer may be a blunt tool, but it’s the wiser move.
The South African Reserve Bank’s monetary policy committee (MPC) cut interest rates by 25 basis points (bp) yesterday, inviting an unusual question: what is the actual point of…
In the interregnum between the release of Nelson Mandela in 1990 and the first democratic elections in 1994, a young Tito Mboweni persuaded Mandela to attend the annual meeting…
Reserve Bank governor Lesetja Kganyago faced dissension in the ranks during the most recent meeting of the six-member monetary policy committee (MPC) he heads, with two members…