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Reserve Bank

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The remarkable career of Tito Mboweni: from South African freedom fighter to central bank governor and trusted politician

It is sad to write about Tito Mboweni in the past tense. Tito Titus Mboweni, who was born on 16 March 1959 in Tzaneen, a town in South Africa in what was then the Transvaal, passed away after a short illness in Johannesburg on 12 October…

NO MORE RATE CUTS: Reserve Bank Governor Lesetja Kganyago at the Reserve Bank head office in Pretoria.Picture: FREDDY MAVUNDA © Business Day

Reserve Bank signals that easing cycle is done

LYNLEY DONNELLY Article from BUSINESS DAY, supplied by NEASA The easing cycle has ended for the moment, the Reserve Bank, one of the most aggressive rate cutters among central banks in emerging markets since the outbreak of Covid-19, has…

Tito Mboweni on Tuesday evening called for a “fundamental national debate” on the Reserve Bank.Image: Sunday Times/Esa Alexander

ANC resolution to nationalise Reserve Bank a ‘mistake’: Tito Mboweni

Finance minister Tito Mboweni believes that the ANC’s resolution to nationalise the SA Reserve Bank was a mistake. Mboweni shared his thoughts on the Nasrec policy conference resolution in a Twitter thread on Tuesday evening and called…

Reserve Bank research wants VBS looters to be criminally charged

The explosive findings of a damning report into the failure of VBS Mutual Bank reveal how its architects and accomplices stole a bank. The report‚ by investigators appointed by the Reserve Bank to establish what transpired in relation to…

Rand steady ahead of key risk events‚ as investors pile back into SA

The rand was stable against major global currencies on Monday afternoon‚ despite a mild sell-off in equities on major international markets. Earlier local data was supportive of the currency‚ but key risk events loom this week‚ notably…