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Tuesday, October 27, 2020





Tag: South African Reserve Bank

What to expect from this week’s interest rate decision

South African Reserve Bank (SARB) Governor Lesetja Kganyago is expected to announce the Monetary Policy Committee (MPC) decision on interest rates on Thursday, 22 November. And against the backdrop of...

Rand weakens ahead of inflation results

The rand weakened yesterday as traders held their positions ahead of local consumer price data today and the US Federal Reserve’s annual central banking conference. At 5pm, the rand traded...

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...

Slowing inflation may spur SARB policy shift

A continued cooling of inflation may encourage the South African Reserve Bank to shift toward easing, particularly with fresh signs that economic growth has slowed. Hence, July’s CPI data, due on...

Reserve Bank leaves interest rates unchanged, forecasts zero growth

THE Reserve Bank left interest rates unchanged, as was widely expected, when it met on Thursday. “We pressed the pause button on the  hiking cycle,” Bank governor Lesetje Kganyago  said.  In...


Policies underline surface miners

Surface mining industry association, ASPASA, has underlined its commitment to maintaining world-class health, safety and environmental standards with the introduction of set policies for...