VBS bank shareholders seek solutions
VBS shareholders will later on Saturday have a meeting at Sibasa near Thohoyandou in Limpopo to
Reserve bank to remain ‘vigilant’ on inflation target range
The Reserve Bank has cited the recent VAT increase and electricity tariff hikes as the biggest risks
Return of business confidence augurs well for the future: Kganyago
Reserve Bank Governor and newly appointed chair of the policy steering committee of the
Standard Bank PMI managed to stay above point mark
The Standard Bank Purchasing Managers’ Index, which measures private sector activity, declined
Expert cautions against overspending following repo rate cut
Economist George Glynos has cautioned consumers not to become complacent and take it for granted
Repo Rate reduced by 25 basis points
Reserve Bank Governor, Lesetja Kganyago has announced a rates cut of 25 basis points amid an evenly
Reserve Bank fines five Forex dealers
The Reserve Bank on Friday announced that it has imposed administrative sanctions on five foreign
PIC to nurse VBS Bank back to health
The Public Investment Corporation (PIC) on Monday said it would work closely with the curator of VBS
VBS Mutual Bank rejects bankruptcy reports
One of the founding members of VBS Mutual Bank, Wilson Muvhulawa has rejected reports that the bank
Depositors with VBS won’t get their money immediately
The Reserve Bank has warned that it’s likely that some depositors with Limpopo based VBS Bank may
BLF slams court ruling on Bankorp-CIEX report
BLF has expressed shock over last week’s court judgment setting aside the Bankorp-CIEX report which
Rand at its strongest in three years
The rand is at its strongest against the dollar in three years.
Bank of Baroda notifies SA Reserve Bank of intended exit
The South African Reserve Bank (Sarb) confirmed on Monday the Bank of Baroda, India’s state-owned
Viceroy’s report on Capitec is reckless: Treasury
The National Treasury has described US-based research firm Viceroy as reckless, after it released a
Steinhoff collapse does not pose financial stability risk: Naidoo
Deputy Reserve Bank Governor Kuben Naidoo says the collapse of Steinhoff does not pose a financial
Reserve Bank defends Capitec amid loan book report
The South African Reserve Bank has defended Capitec Holdings, saying it’s solvent, well capitalised
Reserve Bank likely to cut interest rates: Economists
Many economists say the Reserve Bank is likely to cut interest rates by 25 basis points on Thursday.
Rand weaker ahead of rates decision
South Africa’s rand continued to trade sideways on Tuesday, inching weaker against the dollar with
Ithala pushes for full banking licence
The financial-service-provider arm of Ithala is busy re-engineering the state owned company so that
Poor governance is leading to more job losses:Reserve Bank
The South Africa Reserve Bank says the poor state of government finances points to more job losses