Displaying items by tag: south african reserve bank (sarb)

With several businesses facing the bleak prospect of shutting down as a direct consequence of the COVID-19 pandemic, President Cyril Ramaphosa has urged that such decisions be carefully taken.

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Thursday, 18 June 2020 07:21

VBS Bank suspects arrested

The Directorate for Priority Crime Investigation (Hawks) has pounced on eight suspects allegedly behind the plundering and collapse of the Venda Building Society (VBS) Mutual Bank.

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Government has announced a massive social relief and economic support package of R500 billion which amounts to around 10% of Gross Domestic Product (GDP) to mitigate against the blow of COVID-19 in the country.

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My Fellow South Africans,It is 25 days since South Africa began a nation-wide lockdown to contain the spread of the coronavirus. It has demanded of you great fortitude and endurance.

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Tuesday, 14 April 2020 19:37

Government mulls COVID-19 funding models

Government, through National Treasury, is exploring all funding avenues to finance all COVID-19 related programmes and measures aimed at addressing the pandemic.

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Tuesday, 05 June 2018 10:35

SA's financial sector must serve all

It is of utmost importance to have a financial sector that serves all South Africans, says Finance Minister Nhlanhla Nene.

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The South African Reserve Bank (SARB) is to close its Durban, Cape Town and Johannesburg branches to the public.

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