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Tag: SARB

SARB to splash cash on government bonds, will ‘increase market liquidity’

The SA Reserve Bank (SARB) said on Wednesday said it would begin buying an unspecified amount of government bonds as part of additional emergency policy measures aimed at alleviating a liquidity...

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)...

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Roman Rock Lighthouse celebrates 159 years of service

The Roman Rock Lighthouse celebrated 159 years of service during Heritage Month. The lighthouse – the fifth oldest in South Africa, and the only...

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