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Wednesday, June 26, 2019

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Tag: SARB

South Africa’s new cryptocurrency changes explained

At the beginning of January, the South African Reserve Bank (SARB) released a new consultation paper focusing on crypto assets in the country. Whilst the SARB’s consultation paper does not (at this stage) intend...

53 people exposed in South Africa’s great bank heist: Full report

A forensic investigation into the mass looting of VBS Mutual Bank has been completed, with investigators effectively finding that there is no way for the bank to be saved. The...

Limited room to manoeuvre as Mboweni faces mammoth task to revive SA economy

Nine years after leaving his post as governor of the South African Reserve Bank, Tito Mboweni is has been appointed as the nation’s finance minister and faces the unenviable task of...

Technical recession indicates SARB is behind the curve on rate cuts

The recent announcement that South Africa has officially entered a technical recession – characterised by two consecutive quarters of negative GDP growth – indicates that the South African Reserve Bank (SARB)...

Gordhan’s knot: Economic and market scenarios

We set out how we think the markets and the economy would perform under three possible outcomes in the Hawks-Gordhan saga. Gordhan goes Under this scenario, we expect that USD/ZAR would...

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Nasa’s US$1 Billion Jupiter Probe Sends Back Stunning New Photos of...

Traveling above Jupiter at more than 130,000 miles per hour, NASA’s $1 billion Juno probe took its ninth set of stunning flyby images on...

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