The date April 19 2022 marks 100 years since the SA Reserve Bank issued its first banknotes. The banknotes were issued 10 months after the Bank was established on June 30 1921‚ the entity said. Prior to that‚ SA had no monetary authority…
ODWA MJO The SA Reserve Bank’s composite leading business cycle indicator increased 2.7% month on month in June, rising for the first time since March. The increase in the June print was largely supported by an improvement in the number…
The Constitutional Court said on Monday that public protector Busisiwe Mkhwebane’s conduct in the Bankorp-Absa bailout matter fell far short of the high standards required of her office. The majority of the Constitutional Court dismissed…
Absa said on Wednesday it would approach the high court to oppose a public protector report which found the bank liable to pay more than R1 billion related to a Reserve Bank bailout granted in the 1990s. The bailout was granted to…
