South Africa

Mboweni on the crunch

Tito Mboweni, the governor of the South African Reserve Bank, said "the fact that we have not had to be concerned about liquidity and financial stability issues has allowed the Bank to continue focussing on its objective of bringing inflation back to…

Mboweni talks tough on rates

Tito Mboweni, the governor of the South African Reserve Bank, said that the central bank's monetary policy committee has discussed the impact of a 200-basis-point hike.

SA braves public with rate forum

Amid fierce criticism of its decision to hike rates to 11.5%, the South African Reserve Bank will meet members of the public to explain why it has decided to tighten policy four times since the summer when almost a quarter of the population are…

SARB's monetary policy review

Electricity price rises and the depreciation of the rand, have led to a worsening of the domestic inflation outlook over the past six months, the South African Reserve Bank said in its latest Monetary Policy Review.

SA inflation surpasses 10% mark

South African inflation surged to its highest level since December 2002 last month, heightening the need for the country's central bank to act against political opposition and raise rates further.

SA economies unaffected by turmoil

The economies of Southern Africa have remained strong despite the volatility in global financial markets, Tito Mboweni, the governor of the South African Reserve Bank, said in a recent speech.

Governors discuss African market development

The South African Reserve Bank has published a series of papers from a roundtable of governors, where discussions focused on the theme "Financial market developments in Africa: new challenges for central banks?"