South Africa
Pandemic macro-pru in Africa was effective – FSI study
Paper from Basel-based institute says relaxing macro-prudential requirements can boost bank lending
Governors weigh macroeconomic risks at G30 event
Officials from Netherlands, South Africa, BIS and more consider debt, inflation and climate change
Obituary: Tito Mboweni, 1959–2024
Sarb’s first black governor championed inflation targeting with “sharp wit”
Sarb releases ‘first-of-its-kind’ payments study
Central bank claims report is first comprehensive analysis in Brics countries
Malaysia is latest country to seek Brics membership
However, uncertainty remains over whether Saudi Arabia will join emerging economies bloc
Africa’s CMA revamps cross-border payments over AML fears
Central Bank of Lesotho officials say the transition should be smooth but challenging
South Africa reappoints Kganyago and top executives
Mampho Modise to replace Kuben Naidoo as central bank’s deputy governor
Riskiest non-banks shrink for first time since 2009
FSB says narrow measure of riskiest firms fell in 2022 as asset price falls hit investment funds
Paper calls for Sarb to pass reserves to South African government
Report says central bank contingency account appreciated by nearly $8 billion
Corridor, floor, other: are operating frameworks fit for the future?
Central banks are becoming uncomfortably aware that monetary operations have ramifications well beyond setting short-term rates
People: South Africa deputy governor plans to resign
BCIE presidential race; Chile general manager leaving; and more
Public trust: the role of the private sector in exploring digital currency
Digital currencies that effectively protect financial privacy in lawful transactions will garner enduring confidence in the highly integrated networks of the future, argue J Christopher Giancarlo and Daniel Gorfine
EME officials predict volatility from ‘higher for longer’ rates
Fed’s policy set to worsen environment, say officials from Peru, Colombia and South Africa
South Africa and Egypt both hold policy rates
Sarb governor says job of fighting inflation “is not yet done”
Financial regulators: one, two, maybe a few?
As Jamaica moves to introduce the ‘twin peaks’ approach to financial oversight, Ben Margulies assesses some of the pros and cons
Brics’ bank launches rand bond
New Development Bank offers $130.6 million debt issue ahead of Johannesburg summit
Book notes: The crisis of democratic capitalism, by Martin Wolf
A sincere attempt to explain and fix the failing of capitalism in liberal democracies
Sarb pauses rate rises in split decision
MPC votes 3–2 to hold rates at 8.25% after inflation falls within target range
Currency round-up: Lebanon considers new high-denomination notes
South Africa issues upgraded notes; Argentina 2,000 peso enters circulation; and more
Central banks need short-run climate models – BdF governor
Governments may push central banks into ineffective climate action, Sarb governor warns
South African central bank prepares for total power failure
Sarb working on resilience plans but warns only “some transactions” may continue