South Africa
Real exchange rate matters: SARB’s Mminele
South African Reserve Bank’s Daniel Mminele on the role of exchange rates in monetary policy
Ex-SARB head to chair packaging company
Tito Mboweni named chairman of Nampak
Rate decisions this week
Majority of central banks to vote this week hold rates constant though dissent voiced in the US and South Africa; Philippines and India tighten, Hungary loosens
SARB split over rate hold
Majority opt to hold rates at 7%, governor discusses inflation-targeting review
Senior lawmaker calls for SARB nationalisation
African National Congress official says the South African Reserve Bank, one of the few privately-owned central banks, should be nationalised; comments seen as part of encroaching politicisation of policy
SARB – an official history
The South African Reserve Bank publishes an account of its history, functions and institutional structure
South African Reserve Bank - Monetary Policy Review
SARB report explains that downside risks to inflation from poor output and expenditure figures underpinned rate cuts between May and August
SARB’s mandate up for review
Pretoria to mull Reserve Bank’s inflation-targeting framework; central bank holds rates
Rand strength undesirable: SA finance minister
Pravin Gordhan, South Africa’s Minister of Finance says the government will aid the central bank building reserves
Kenya, SA hold rates, flag recovery
Central Bank of Kenya and South African Reserve Bank relatively upbeat on growth
SARB investigated stress testing: Mboweni
South African Reserve Bank’s Tito Mboweni says the central bank looked closely on stress-testing methods used by banks and the central bank
South Africa to implement new reserves policy: Guma
South African Reserve Bank’s Xolile Guma on central bank’s role as wealth managers
SARB shocks markets with half-point cut
South African Reserve Bank surprises analysts expecting rate hold
SARB promotes deputy to run exchange control
South Africa Reserve Bank names new head of Exchange Control Department
Basel-based CPSS broadens membership
Central banks of Australia, Brazil, China, India, Mexico, Russia, Saudi Arabia, South Africa and South Korea to join the Committee on Payment and Settlement Systems (CPSS)
Marcus named as new SARB head
Former deputy to take over after Tito Mboweni turns down third term
Key questions for Marcus
Gill Marcus, governor-designate of the South African Reserve Bank, will have her work cut out in maintaining the central bank’s hard-won credibility
Zuma names Mminele as new SARB deputy
Daniel Mminele will become a deputy governor at the South African Reserve Bank at the beginning of next month.
Basel Committee expands membership
The Basel Committee on Banking Supervision on Wednesday expanded its membership to include all G20 countries.
Mboweni questions rand's rise
The governor of the South African Reserve Bank, Tito Mboweni, said the recent strength of rand against the dollar may be "unwelcome" as it pushes up the cost of the country's exports.
SARB cuts in face of recession
The South African Reserve Bank (SARB) has cut interest rates by 100 basis points to 7.5% as Africa's leading economy enters it first recession in over a decade.
SARB's Mboweni: flight to quality ironic
Tito Mboweni, the governor of the South African Reserve Bank, said it was ironic that capital was now flowing back to the United States, the source of the current crisis.
SARB - Monetary Policy Review
The heightened levels of global economic uncertainty are making monetary-policy decisions more challenging, notes the latest Monetary Policy Review from the South African Reserve Bank.
SA expected to continue easing after 100bps
The South African Reserve Bank acted in line with market expectations on Thursday by cutting 100 basis points off its main rate - a move which it is now forecast to repeat in May after the governor signalled the economy was in recession.