SA Reserve Bank Seen Keeping Rates At 6.50% Next Week


JOHANNESBURG: South Africa’s Reserve Bank will keep interest ratesunchanged next week as an anticipated quicker rise in consumer prices over the coming months won’t drive inflation above target, a Reuters poll showed Wednesday. All 25 economists surveyed in […]

SARB Appoints Fundi Tshazibana As Adviser To Governors


The South African Reserve Bank (Sarb) has appointed Fundi Tshazibana as adviser to the governors of the country’s central bank with effect from 19 February 2018.  Tshazibana will become the seventh member of the Monetary Policy […]

Reserve Bank Issues Licence To Country’s Third Cooperative Bank


South Africa’s central bank said on Thursday it had issued the first cooperative banking licence since 2011 to Ziphakamise Savings and Credit Cooperative.  “Ziphakamise Cooperative bank is deemed to have sufficient human, financial and operational […]