News in South Africa 22nd January: 1. Repo rate unchanged at 3.5%: The Reserve Bank has decided to keep rates unchanged at 3.5%, in line with the expectations of economists. Governor Lesetja Kganyago made the announcement on Thursday afternoon, following the bank’s Monetary Policy Committee’s (MPC) first meeting for the year this week. Two of […]
News in South Africa 16th October: 1. Economic recovery plan questioned: President Cyril Ramaphosa addressed a joint sitting of Parliament on Thursday to present the economic recovery plan for South Africa. He detailed the “fix” for the country exactly seven months after first declaring a national state of disaster. The president summarised the objectives of […]
News in South Africa 25th September: 1. National Lottery corruption charges: South Africa’s lottery regulator, the National Lotteries Commission (NLC), has been facing down a slew of allegations of mismanagement and corruption. The commission finally released lists of its beneficiaries under sustained pressure, after first fighting the move. In July, the Organisation Undoing Tax Abuse […]
