South African Reserve Bank

 
Repo rate remains unchanged — Reserve Bank
Repo rate remains unchanged — Reserve Bank
The SA Reserve Bank's monetary policy committee has left the repo rate unchanged at 6.5% in a unanimous decision.
The plans to expand VBS if ‘looting’ wasn’t exposed
The plans to expand VBS if ‘looting’ wasn’t exposed
VBS Mutual Bank was set to become a commercial bank, and several new branches may have opened around the country if those running the organisation...
Reserve Bank honours Madiba centenary with new banknotes
Reserve Bank honours Madiba centenary with new banknotes
As of Friday, South Africans can expect to see a new five rand coin as well as new banknotes at local ATMs and vendors. The South African Reserve...
SMEs hobbled by funding gap
SMEs hobbled by funding gap
Small businesses are routinely cited as the answer to South Africa’s stubborn 26.7% unemployment rate. But startups, micro-enterprises, and small...
VBS’s future in doubt
VBS’s future in doubt
Individuals, stokvels and burial societies who held money with embattled VBS Mutual Bank can begin drawing their deposits — up to the value...
Reserve Bank secures guarantees up to R100 000 for VBS retail depositors
Reserve Bank secures guarantees up to R100 000 for VBS retail depositors
The South African Reserve Bank on Wednesday said it has secured guarantees from National Treasury of up to R100 000 per depositor for VBS Mutual...
SARB's Kuben Naidoo clears Capitec confusion: There is no new probe
SARB's Kuben Naidoo clears Capitec confusion: There is no new probe
South African Reserve Bank deputy governor and registrar of banks Kuben Naidoo on Wednesday said that he was not aware of any new probes into...
Former treasury official dismisses Moyane’s 'trillion rand man' claim to fame
Former treasury official dismisses Moyane’s 'trillion rand man' claim to fame
It was inevitable that the South African Revenue Service (SARS) would hit the trillion rand revenue collection mark, and this had little or...
Former execs claim R30m from KPMG
Former execs claim R30m from KPMG
Two former KPMG directors who left because of the scandal involving the audit firm and VBS Mutual Bank have slapped the firm with multimillion-rand...
SA's current account deficit widens
SA's current account deficit widens
The country’s trade balance moved from a surplus in the fourth quarter of 2017 to a deficit in the first segment of 2018, causing the current...
Reserve Bank: No guarantee municipalities will get VBS money back
Reserve Bank: No guarantee municipalities will get VBS money back
The Reserve Bank has committed to recover the monies of retail depositors of VBS Mutual Bank, however the same cannot be said for municipal...
SARB confidence in saving VBS declines
SARB confidence in saving VBS declines
The South African Reserve Bank’s confidence in saving troubled VBS Mutual Bank has declined since it was placed under curatorship in March, chief...

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