What's driving the surge in South Africa's fuel price

Jun 21, 2022 22:52 pm UTC| Economy

Increases in the domestic price of fuel are big news in South Africa, with the price of petrol, diesel and paraffin reaching new highs. The underlying reason for the price increases is movements in the international price...

People have skewed views on inflation. Why this matters

Jun 23, 2019 14:28 pm UTC| Insights & Views Economy

Countries that use an inflation target to anchor monetary policy pay considerable attention to expectations of future inflation. South Africa is a case in point. The country has an inflation target of 3% to 6% per...

Explainer: South Africa's central bank -- ownership, mandate and independence

Jan 27, 2019 14:45 pm UTC| Central Banks Economy

In recent months, various debates about the South African Reserve Bank have focused broadly on three aspects its shareholding, its mandate and its independence. The three debates are somewhat convoluted. They are...

Lessons from the collapse of a small South African bank

Nov 04, 2018 17:09 pm UTC| Insights & Views Economy

The South African Reserve Bank placed VBS, a small mutual bank, under curatorship in March this year against a backdrop of a serious liquidity crisis. The initial findings of the curator revealed significant financial...

What changing the ownership of South Africa's central bank will, and won't, do

Aug 27, 2018 15:32 pm UTC| Insights & Views Central Banks

South Africas second largest opposition party, the Economic Freedom Fighters (EFF), has lodged a parliamentary motion to amend laws that govern the management and ownership of the countrys central bank. Judging by the...

ANC expediency is messing up South Africa's land reform process

Aug 16, 2018 20:12 pm UTC| Insights & Views Politics

Its highly likely that an amendment will be made to South Africas constitution that will allow for land expropriation without compensation following a decision to do so by the ruling party the African National Congress...