South African Reserve Bank (SARB)

South African Reserve Bank (SARB) expects to sell its 50 per cent stake in African Bank in a year or two, the central bank’s deputy governor said on Thursday. Deputy Governor Kuben Naidoo told reporters in Johannesburg that it was not…

South Africa’s central bank governor, Lesetja Kganyago, says it is unrealistic for central banks to target specific employment levels, after the country’s governing African National Congress (ANC) said the bank should broaden its focus.…