Your Search Returned 55 tagged news reports
There is a 60% chance another rate cut could be on the cards in South Africa, a leading economist told I-Net Bridge on Tuesday...It will put a bit of a brake on rand strength and that's one way of doing it. They should be looking at that quite closely,"...
Tags: South African Reserve Bank, rate cut, Colen Garrow, South Africa, Cape Town
The central bank should target employment when deciding on interest rates, and worry less about inflation when the economy is struggling, a top Congress of South African Trade Unions (Cosatu) official said on Thursday. Head of policy Chris Malikane also...
Tags: Cosatu, South African Reserve Bank, central bank, Chris Malikane, printing money, target employment, million jobs, South Africa, Johannesburg, Central banks, Business Finance, Economic policy, Macroeconomics, Inflation, Inflation targeting, Real interest rate, Congress of South African Trade Unions, Monetary policy
Trade protectionism is a serious risk to global economic growth as countries emerge from recession, Finance Minister Pravin Gordhan said on Wednesday. In a speech prepared for delivery to the American Chamber of Commerce in South Africa, Gordhan also...
Tags: Cosatu, South Africa, Cape Town, Business Finance, Zwelinzima Vavi, Congress of South African Trade Unions, International trade, Politics, Economic policy, Exchange rate, Inflation, Macroeconomics, Year of birth missing, Monetary policy, International economics, Xhosa people, South African Reserve Bank, Politics of South Africa, ICFTU African Regional Organisation, Pravin Gordhan, Protectionism, South African rand, Inflation targeting, Economy of South Africa
New faces of militancy in Cosatu have emerged following the expulsion of Willie Madisha from Cosatu, the quiet retreat of its general secretary Zwelinzima Vavi from the forefront, and the changing nature of the relationship between trade union federation...
Tags: ANC BEE, Numsa, Cosatu, South African Reserve Bank, reserve banks, South Africa, Cape Town, Congress of South African Trade Unions, ICFTU African Regional Organisation, Zwelinzima Vavi, Thabo Mbeki, Tito Mboweni, Xhosa people, Year of birth missing, Politics of South Africa
South Africa's central bank kept its benchmark interest rate unchanged at 7% on Tuesday, meeting market expectations. The domestic economy will continue to recover, but economic growth is expected to remain below potential for some time, the South African...
Tags: South African Reserve Bank, rate unchanged, Germany, Frankfurt, Economy of South Africa, Interest rate, Monetary policy, Central banks, Inflation, Business Finance
Chances of a cut in interest rates hung in the balance on Tuesday, according to Nedbank senior economist Dennis Dykes, who added, however, that the South African Reserve Bank (Sarb) would be mindful of job losses and food inflation. The repo rate, which...
Tags: Sarb, repo rate, Dennis Dykes, South Africa, Cape Town, Inflation, Economy of South Africa, South African Reserve Bank, Repurchase agreement, Official bank rate, Monetary policy, Macroeconomics, Central banks, Business Finance
The ANC and its allies agreed to look at broadening the mandate of the central bank from merely tackling inflation, ANC secretary general Gwede Mantashe said on Sunday. Mantashe told reporters the alliance, which includes the South African Communist Party...
Tags: ANC, Gwede Mantashe, trade union, central bank, south african, South Africa, Johannesburg, Economy of South Africa, South African Reserve Bank, Inflation targeting, Inflation, Interest rate, Monetary policy, Central banks, Macroeconomics, Business Finance, Xhosa people, South African Communist Party, Congress of South African Trade Unions, Economic policy, Politics of South Africa, Alliance, Ekurhuleni Metropolitan Municipality, Politics, Year of birth missing, The Sunday Times, African National Congress, Jonathan Shapiro, Jacob Zuma
Apparently a radio broadcast this morning had led to expectations of a postponement and possibly a cancellation of the December meeting. But Henkemann said that any announcement as regards December and the frequency of meetings for next year would be...
Tags: South Africa, Johannesburg, Monetary Policy Committee, Official bank rate, South African Broadcasting Corporation, Gill Massachusetts, Interest rates, Economy of South Africa, South African Reserve Bank, Interest rate, Business Finance, Monetary policy, Inflation
The Monetary Policy Committee (MPC) of the South African Reserve Bank left interest rates unchanged on Thursday. The key repo rate remains at seven percent while the prime rate stays at 10,5%. The Reserve Bank has since December 2008 cut its repo rate...
Tags: South African Reserve Bank, reserve banks, rate unchanged, Tito Mboweni, repo rate, The Monetary Policy Committee, central banks
The South African Reserve Bank will likely keep interest rates steady at the end of a two-day meeting that started on Wednesday, the last chaired by Reserve Bank Governor Tito Mboweni. Mboweni leaves the bank next month after a decade as governor and...
Tags: monetary policy, policy committee, South African Reserve Bank, Tito Mboweni, committee meeting