South Africa

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)

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

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 - 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.

SA's Mminele on Southern Africa's goals

The Southern African Development Community's goal is to achieve a single currency and a regional central bank by 2018, said Daniel Mminele, an executive general manager of the South African Reserve Bank.

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