by sundelbolong | May 30, 2020 | Business & Finance News
South Africa’s economy is unlikely to go back to normal in the next two to three years – and the meaning of “normal” is also up for interpretation, Reserve Bank Governor Lesetja Kganyago has said. In an interview on Fin24 Speaks on Friday morning,...
by sundelbolong | May 29, 2020 | Business & Finance News
We’re currently experiencing serious technical problems on the site, and as a result are unable to update the news – even though our market data is running as per normal. We sincerely apologise for any inconvenience caused and hope to be up and running again this...
by sundelbolong | May 25, 2020 | Business & Finance News
The lockdown of the South African economy means that policy measures announced by the central bank have not filtered through yet, Governor Lesetja Kganyago said. The Reserve Bank has cut its repurchase rate by 275 basis points this year, the fifth-biggest downward...
by sundelbolong | May 9, 2020 | Business & Finance News
South Africa faces its gravest test since the end of World War II almost 75 years ago, to rebuild an economy that was already in a protracted slump after the ravages of the Covid-19 pandemic that has seen activity ground to a halt since the end of March. Yet, one...
by sundelbolong | May 6, 2020 | Business & Finance News
The economic meltdown caused by the coronavirus pandemic and the market uncertainty it unleashed since the end of February has seen the world’s leading central banks, including the South African Reserve Bank, come under pressure to bail out their respective...
