South African economy rebounding from 2020 recession
The South African economy continues to rebound from the 2020 recession, albeit at different growth rates across sectors, the South…
SARB investigating feasibility of central bank digital currency
The South African Reserve Bank (SARB) has embarked on a study to investigate the feasibility, desirability and appropriateness of a…
South Africa’s new debit order system to come into effect 1 May
The South African Reserve Bank (SARB) will introduce the Authenticated Collections (AC)/DebiCheck project from 1 May 2021 as part of…
Sexwale missing funds allegations are a scam
The National Treasury and the South African Reserve Bank (SARB) have dismissed as a scam, reports of trillions of Rands…
COVID-19 loan scheme extended by three months
Consultations have seen the COVID-19 Loan Guarantee Scheme (LGS) extended by a further three months. The move was on Monday…
New R2 coin in circulation
The South African Mint, an agency of the South African Reserve Bank, has announced the circulation of a new R2…
SASSA cards remain valid beyond March 2021
The South African Social Security Agency (SASSA) has assured social grant beneficiaries that SASSA cards will not stop working on…
Repo rate remains unchanged at 3.5%
The Monetary Policy Committee has decided to keep the repo rate unchanged at 3.5% per annum, Reserve Bank Governor, Lesetja…