south Archives - Global Banking Monitor

World Bank: South Africa’s Economy Drains R700bn Every Year Due to Crime

The World Bank's latest economic update has shed light on the profound impact that organized crime has on South Africa's economy. Crime is costing...

South Africa’s Proposed Stringent Regulations Following Rand-Rigging Probe

South Africa plans to tighten up its regulation of financial markets, after a top bank admitted to taking part in manipulation of the rand. Legislation...

South Africa’s Central Bank Affirms Talks on Utilizing Reserves

South Africa’s central bank confirmed that it is in talks with the National Treasury to find a way to tap contingency reserves to fund...

South African Inflation Reaches Five-Month High Ahead of Rate Decision

South African annual inflation quickened to a five-month high in October, a reading that’s unlikely to persuade the central bank to hike rates as...

South Korea’s Inflation Reaches 25-Month Low

South Korea's consumer price growth slowed for the sixth straight month in July to the lowest level in 25 months on the back of...

South African Central Bank Governor’s Remarks on Interest Rate Decision

Below are some quotes from South African Reserve Bank Governor Lesetja Kganyago at a media conference on Thursday as he announced the central bank's...

South African Inflation Returns to Central Bank’s Desired Range

South Africa’s inflation rate fell below the central bank’s target ceiling for the first time in 14 months, on lower food costs. Consumer prices rose...

First South American Central Bank to Cut Rates Urges Caution in Decision-Making

The first South American central bank to lower interest rates this year pledges to maintain a restrictive monetary policy, with only modest additional cuts...

South African Central Bank Expresses Alarm over Growing Risk of Sanctions

South Africa’s central bank has warned of dire consequences should the country face censure due to its stance on Russia’s invasion of Ukraine At worst,...

South Africa Raises Interest Rates to Highest Level Since 2009; Rand Plummets

South Africa’s central bank raised rates to the highest level in 14 years to rein in inflation expectations in an economy that’s expected to...

Losing Streak May Continue For South Korea Shares

(RTTNews) - The South Korea stock market has finished lower in four straight sessions, sinking more than 110 points or 4.8 percent along the...

Stripe employees get to sell $1bn of shares

Strategies for Upskilling Your Workforce in an AI-Driven Economy

Five Strategies for Enhancing Internal Communications in Banks

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