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Reserve Bank Governor Lesetja Kganyago said that the MPC was not pressured to introduce a rate cut, saying that the bank remains credible.
Posted: July 20, 2017, 2:36 pm
SA Reserve Bank governor Lesetja Kganyago has announced that the Monetary Policy Committee has decided to cut interest rates.
Posted: July 20, 2017, 2:30 pm
DA leader Mmusi Maimane has likened what he calls the capture of the treasury to a football game, accusing the ANC of kicking the treasure back and forth for control for the purposes of the controversial Gupta family.
Posted: July 20, 2017, 2:26 pm
SA Reserve Bank Governor Lesetja Kganyago's speech following the Monetory Policy Committee meeting, where they decided to cut interest rates by 0.25% to 6.25%.
Posted: July 20, 2017, 2:18 pm
Filings for US unemployment benefits have fallen to the lowest since early May, reflecting growing demand for workers in a tight job market.
Posted: July 20, 2017, 1:15 pm
UK Prime Minister Theresa May will be urged to do more to reassure businesses about her Brexit plans, as she begins her first serious consultation with companies.
Posted: July 20, 2017, 12:06 pm
SA remains unique in that the crisis it faces following the credit rating downgrades is not as deep as elsewhere, says economist Lesiba Mothata.
Posted: July 20, 2017, 10:00 am
UK retailers have received a summer boost as sweltering temperatures spurred sales of clothing.
Posted: July 20, 2017, 9:00 am
The Bank of Japan’s determination to press on with its unprecedented monetary stimulus leaves it out of step with developed world peers.
Posted: July 20, 2017, 8:30 am
An analyst shares four reasons why the SA Reserve Bank's Monetary Policy Committee should consider a rate cut.
Posted: July 20, 2017, 7:43 am
Eskom believes its financial results promise a bright future. But inside its financials lies a warning that a storm is approaching.
Posted: July 20, 2017, 5:49 am
Economists are of the view that the Reserve Bank will likely hold off introducing rate cuts at the next monetary policy committee announcement, despite easing inflation.
Posted: July 20, 2017, 4:01 am
After a tough month fighting off attacks on its mandate, the SA Reserve Bank will revert to its day job of trying to fulfill it - probably by holding off on a rate cut.
Posted: July 19, 2017, 5:52 pm
The latest retail sales data was above market expectations.
Posted: July 19, 2017, 5:30 pm
BMI Research, a Fitch Group company, has revised down South Africa’s growth forecast from 1% to 0.7%.
Posted: July 19, 2017, 5:15 pm
Cash-strapped Eskom’s bonus bill to staff members jumped from R2.1bn in 2016 to R4.2bn in 2017, with the highest windfall going to former CEO Brian Molefe.
Posted: July 19, 2017, 4:36 pm
South Africans are paying 13% more for meat than they were a year ago, said an economist.
Posted: July 19, 2017, 3:32 pm
The business sector in South Africa must learn the lesson that they should not play a role in the ANC, but rather in civil society, says political analyst Justice Malala.
Posted: July 19, 2017, 2:29 pm
President Donald Trump is now more likely than ever to end his first year in office without a single major legislative accomplishment.
Posted: July 19, 2017, 1:30 pm
Residential construction has ended the second quarter on a stronger note as groundbreaking on new homes rebounded at the fastest clip in four months.
Posted: July 19, 2017, 1:00 pm