Reserve Bank Governor, Lesetja Kganyago has welcomed the Cyril Ramaphosa government’s efforts to address structural issues in an effort to boost growth.
The governor of the South African Reserve Bank, Lesetja Kganyago, has announced that the repurchase rate will remain unchanged at 6,5% per annum.
The Reserve Bank is forecasting an economic growth rate of 0.6% this year, climbing to 1.8% next year and 2% in 2021.
The South African Reserve Bank’s composite leading business cycle indicator fell by 0.4% month-on-month in June.
Reserve Bank Governor Lesetja Kganyago has called on South Africans to rally behind the central bank and fight for its independence.
The SARB Governor Lesetja Kganyago says he will fight to protect the central bank’s independence if it is jeopardised by plans to bring it into public ownership.
The Constitutional Court has dismissed Public Protector Busisiwe Mkhwebane’s appeal in the case between her and the South African Reserve Bank.
The Constitutional Court will on Monday rule in the matter between Public Protector Busisiwe Mkhwebane and the South African Reserve Bank (SARB).
The Reserve Bank’s Monetary Policy Committee has decided to cut the interest rate by 25 basis points.
President Cyril Ramaphosa has announced the re-appointment of Lesetja Kganyago as Governor of the South African Reserve Bank for a five-year term.