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North Gauteng High Court in Pretoria after being called "stupid", according to a report on Friday. The court on Thursday ordered Nelspruit resident Michael Mogorosi to pay plaintiff Elsabe Maree R50 000, and to settle her legal costs, Beeld reported.
40 The government has further eased restrictions on exchange controls, allowing citizens to invest R5m abroad annually. Oct 27 2011 11:58 The local banking system is stable and well placed to deal with vulnerabilities, says the SA Reserve Bank.
Top businessman Mzi Khumalo has threatened to return to court to stop the SA Reserve Bank from forcing him to forfeit to government R1bn in assets for flouting exchange control laws. In a brief statement to City Press, Khumalo said the Reserve Bank
14 The SA Reserve Bank's decision to leave the repo rate unchanged has attracted a variety of comments. Jul 21 2011 15:50 Reserve Bank governor Gill Marcus again warned of rising inflation, "hesitant" economic growth and eurozone debt crisis fallout
36 Mobile phone operators spent a combined amount of over R800m on marketing and new staff to get users to register their simcards. Jul 06 2011 16:14 Walmart may have won the battle in the boardroom, but the war is just beginning, says Cosatu
South Africa's central bank will not be soft on inflation, Reserve Bank Governor Gill Marcus said on Tuesday, reiterating the bank was concerned about the impact on inflation from food and oil prices. The Reserve Bank kept its benchmark repo rate on
The SA Reserve Bank elected not to cut the interest rate further and it looks as if the first half of 2011 will be all about financial consolidation. Since June 2008, the Reserve Bank has cut the repo rate by 650 basis points, from 12% to 5,5%, with
49 Gauteng's taxpayers may have to fork out billions if an expected lawsuit over delays and disruptions in the Gautrain project succeeds. Dec 08 2010 09:05 The US fast food giant Yum Brands, owner of KFC, Pizza Hut and Taco Bell, says Africa is "
Consumers who buy European lottery tickets with their credit cards are in contravention of foreign exchange regulations, and have to be reported to the SA Reserve Bank (Sarb) by card issuers. This is according to Sarb's deputy general manager of
The National Assembly on Tuesday approved a bill designed to change the way the SA Reserve Bank (Sarb) is governed and prevent shareholders disrupting its operations for their own gain. In May, Sarb governor Gill Marcus urged MPs to fast-track the