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south african reserve bank
Editor's Note: The case for rethinking South Africa's strategic reserves in a digital age
Amid a global financial revolution led by stablecoins and digital currencies, South Africa's Reserve Bank Governor Lesetja Kganyago advocates for traditional monetary policies. As BRICS partners innovate, can South Africa afford to remain cautious in the face of digital transformation?
The Great South African Homeowners' Heist: How the banks robbed us blind
For decades, South African homeowners have been victims of a monumental deception by banks. Discover how financial institutions have manipulated trust and exploited borrowers under the guise of lending.
EFF claims government is shielding Cyril Ramaphosa in Phala Phala scandal
The Economic Freedom Fighters criticise the classification of the IPID report as ‘top secret’, alleging a coordinated effort to protect President Ramaphosa in the Phala Phala scandal.
Ithala’s Betrayal | The Systematic Erasure of Black Banks in South Africa
Ithala's destruction is not an isolated incident; it is a clear indication of what happens when black economic initiatives dare to disrupt the status quo, writes Sipho Tshabalala.
SA needs more robust banking policies to curb high banking charges and questionable ethics, says EFF's Omphile Maotwe
Omphile Maotwe of the EFF confronts South African banks and regulators in Parliament, demanding accountability for high bank charges and calling for transformative policies.
SA's interest rate-cutting cycle: What to expect until mid-2025
As South Africa braces for an interest rate cut, experts caution that the relief may be short-lived, lasting only until mid-2025.
EFF, ActionSA and Nehawu condemn liquidation of Ithala SOC Limited
The EFF, ActionSA, and NEHAWU condemn the SARB's decision to liquidate Ithala SOC Limited, highlighting the risks to financial inclusion and economic transformation in South Africa.
Interest rate decision in January is uncertain, consumers hope for relief
The MPC is set to meet on January 30, 2025, for a highly anticipated meeting that may determine the future trajectory of interest rates in South Africa.
Capitec Bank responds after receiving sanctions, financial penalty from Sarb
After receiving sanctions and a penalty from the South African Reserve Bank, Capitec Bank said that they have fully cooperated and are committed resolving all matters.
Sarb imposes R56. 25 million penalty, sanctions on Capitec Bank for FIC Act violations
The South African Reserve Bank has imposed administrative sanctions on Capitec Bank for failure to comply with Financial Intelligence Centre Act (FIC Act).
Interest rate cuts expected in 2025, but South Africans face ongoing financial strain
While interest rate cuts on the horizon for 2025 financial struggles will persist for South African consumers.