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Tag Archives: South African Reserve Bank

South African rands being counted

Reserve Bank “nowhere near” intervention on rand: Deputy Governor

13 August 2018, 7:47 PM

The South African Reserve Bank was surprised by the magnitude of the rand weakness early on Monday but forex market conditions where “nowhere near” requiring the bank to intervene, deputy governor Daniel Mminele told Reuters.

Rand coins

Rand falls to a two-year low

13 August 2018, 7:23 PM

South Africa’s rand plunged more than 10% to a 2-year low against the dollar early on Monday and government bonds weakened sharply as a renewed rout in the Turkish lira spread to other emerging markets.

VBS shareholders complain over lack of communication

24 June 2018, 7:29 AM

A group of Venda Mutual Bank(VBS) minority shareholders has written to the Office of the President, the Minister of Finance and the South African Reserve Bank complaining about lack of communication between them and the curator administering the affairs of the bank.

SA economy slowly improving

10 April 2018, 3:37 PM

The South African economy is improving but its recovery remains below that of other emerging markets.

SARB lacks confidence in African leadership: EFF

15 March 2018, 1:14 PM

An EFF MP said the party preferred a developmental budget that promotes local economic development.

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