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Tag Archives: Lesetja Kganyago

Kganyago against lowering interest rate to near 0%

3 June 2020, 10:51 AM

South African Reserve Bank (SARB) governor, Lesetja Kganyago says he does not agree to the idea of lowering the interest rate to near zero percent.

‘SA financial system faces a combined supply, demand shock’

25 May 2020, 11:00 AM

South African Reserve Bank Governor Lesetja Kganyago says the country’s financial system is facing a combined supply and demand shock in the wake of COVID-19. He was speaking at a discussion forum on the socio-economic impact of COVID-19 on South Africa.

Reserve Bank took a cautious stance by cutting repo rate: Economist

22 May 2020, 5:51 AM

Economist Jeff Schultz says the Reserve Bank has taken a cautious stance by cutting the repo rate by 50 basis points. The move has eased the repo rate to 3.7%.

VIDEO: SARB cuts repo rate by 50 basis points to 3.75%

21 May 2020, 3:02 PM

The Reserve Bank has cut the repo rate by 50 basis points following its Monetary Policy Committee meeting. This takes the benchmark rate to 3.75%, the lowest level since the repo was introduced in 1998.

Low inflation expected to bring down petrol price: Kganyago

15 April 2020, 6:14 AM

South African Reserve Bank Governor, Lesetja Kganyago, says the current low inflation is expected to bring about a cut in the petrol price in the near future.

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