IOL Logo
Sunday, June 8, 2025

Latest News & Developments

reserve

Judge highlights flaws in urgent application process against Reserve Bank

In a landmark ruling, a judge criticises the improper service of an urgent application against the SA Reserve Bank, underscoring the critical importance of adhering to fair legal procedures.

News Crime and Courts
Zelda Venter|Published

BRICS+ Series: How the BRICS Reserve Arrangement is Challenging Western Financial Dominance

As BRICS expands with new members in 2025, its Contingent Reserve Arrangement is evolving from a simple financial safety net into a powerful instrument of economic sovereignty. This analysis examines how the CRA is challenging IMF dominance, supporting Global South economies, and reshaping international finance without Western-imposed austerity measures.

News BRICS
Dr Iqbal Survé and Sesona Mdlokovana|Published