Browsing: South African Reserve Bank

The platform for central bank digital currencies will enable transactions between countries, the IMF said.

Government will take on a portion of Eskom’s debt in a staggered manner to avoid a spike in the country’s debt-to-GDP ratio.

Telkom has appointed Naidene Ford-Hoon, a former chief financial officer of the Reserve Bank, to its board.

Open banking could be a game changer on the African continent by making transactions more convenient and increasing the personalisation of banking services.

The South African Reserve Bank is set to bring cryptocurrencies into the regulatory oversight of the Financial Sector Conduct Authority.

The South African Reserve Bank has taken a step closer to creating a national digital currency. This is after it took the wraps last week off the second phase of Project Khokha.

More engagement with the fintech industry is needed before distributed ledger technology can be incorporated into South Africa’s financial markets, according to a new report.

The South African Reserve Bank and its counterparts in Australia, Malaysia and Singapore have developed an experimental platform for settling multiple central bank digital currencies.

Consumer inflation quickened faster than expected in December to 5.9% year on year, from 5.5% in November, setting the stage for another rate hike.

The South African Reserve Bank raised its main lending rate by 25 basis points to 3.75% on Thursday, citing increased inflation risks.