Kganyago: SA monetary policy still expansionary (with full speech)
In a recent speech Lesetja Kganyago, SARB governor, stated that South Africa’s monetary policy is still accommodative.
Lesetja Kganyago
Repo rate unchanged
The repo rate will remain unchanged at 5.75 percent, the SA Reserve Bank’s monetary policy committee decided on Thursday.
Kganyago plays down talk of imminent SA rate cut
South African Reserve Bank Governor Lesetja Kganyago said policy makers want to assess the impact of lower oil prices on the wider economy before making a call on whether to cut interest rates.
Kganyago – SARB has breathing space to adjust policy gradually.
South Africa’s Reserve Bank said it has room to adjust monetary policy gradually, signaling it may keep interest rates unchanged for longer.
Brilliant interview: Simon Cowell, “Mr X Factor”, genius music entrepreneur
Simon Cowell turned 55 last Tuesday, a birthday he shares with Desmond Tutu and new SARB Governor Lesetja Kganyago. The FT celebrated with this interview.
SA economy: Govt’s intellectual arrogance reaps predictable consequences
Government’s “left-leaning tendencies” might sit comfortably in lecture halls of Sussex University, but having destructive consequences for the SA economy.
Rand on firmer ground, helped by hawkish Reserve Bank comments
The rand was on track for its fourth consecutive daily gain against the dollar on Thursday after comments by deputy central bank Governor Daniel Mminele overnight buoyed expectations for another domestic rate hike.
Lesetja Kganyago: In studio with new SARB Governor – on his 49th birthday
When new SARB boss Lesetja Kganyago left the CNBC Africa studio I felt comfortable that the country’s central bank – and its currency – are in good hands.
Wilhelm Hertzog: Takeover talk at Blue Label, Glencore; and two cigar butt stocks
The RECM portfolio manager had plenty to contribute on the takeover offer for Blue Label, and praises Glencore CEO Ivan Glasenberg’s run at Rio Tinto.
Rand slips as FX reserves dip
The rand slipped against the dollar on Tuesday as central bank data showed South Africa’s foreign reserves dipped in September.