The South African Reserve Bank has issued a warning, noting that persistent high interest rates, coupled with escalating living costs, are adversely affecting the health of bank loan portfolios. This…
Browsing: SARB
Before the SARB’s decision, annual headline consumer inflation climbed from 5.4% in September to 5.9% in October, marking the third consecutive monthly increase. This uptick was primarily attributed to higher…
The domestic macro calendar is fairly busy this week. The SARB is hosting its Biennial Conference on Thursday and Friday under the theme ‘post-crisis lessons and policy challenges’. The SARB notes…
The South African Reserve Bank (SARB) has declined to comment on whether it froze funds in five accounts connected to troubled company Steinhoff’s local operations. The Daily Maverick, an online…
Yesterday, the SARB released its Financial Stability Review (FSR) for the period December 2022 to May 2023. The SARB argues that systemic risks have risen since the last edition of the…
The current account deficit increased to 2.6% of GDP in Q4 22 from 0.0% in Q3. The outcome was largely in line with our projection, but worse than the 1.5%…
The South African Reserve Bank (SARB) is studying the benefits of issuing a digital currency for general retail purposes, it said on Tuesday, in line with several other central banks.…
The Reserve Bank’s monetary policy committee has voted to reduce the repo rate for the fourth time this year
SA Reserve Bank Governor Lesetja Kganyago says that inflation was under control for now but this could change and the bank has needed to act
The move follows an initial raft of interventions announced last week to provide lenders with cheaper access to funding
