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SOCIETY

All The People Who Must Investigate Ramaphosa Are Appointed By The President

All the people who must investigate Ramaphosa are appointed by the President, this is an interesting turn Of events because it shows us that the people who were supposed to be investigated by Cyril Ramaphosa are probably going to get investigated by him. And we really do not see any other problem that is going to happen here and this is something that has led to a situation where people are saying that there is definitely a lot of conflict here, and this kind of conflict is definitely not going to assist one to deal with this matter and that is the problem that is faced here.

  2 days ago ago
All The People Who Must Investigate Ramaphosa Are Appointed By The President

ECONOMY-FINANCE

Opinion| The graphic below clearly shows which items are affected by the imported inflation

The graphic below clearly shows which items are affected by the imported inflation. Transportation costs have a knock-on impact on household expenses and travel. This means SA is in a precarious position as a net fuel importer - a distant destination. Policymakers and thinkers must come up with innovative ways to ameliorate this cost-push factor -

  1 day ago ago
Opinion| The graphic below clearly shows which items are affected by the imported inflation

ECONOMY-FINANCE

Alledged Reserve Bank replies to rumors of R500 notes and R10 coins being introduced

South African Reserve Bank (SARB) is the central bank of South Africa. It was established in 1921 after Parliament passed an act, the "Currency and Bank Act of 10 August 1920", as a direct result of the abnormal monetary and financial conditions that World War I had brought.

  6 days ago ago
Alledged Reserve Bank replies to rumors of R500 notes and R10 coins being introduced

POLITICS

Ramaposa is ready to fight corruption and end crime in South Africa

That will be believed when is demonstrated true. For now is just a repetition with no evidence to substitute it to be believed as is fallacy.The whole country need deeds not words,as we await for mission possible I respect you President Ramaphosa. You are Powerful beyond any President who has been in at the helm post 94.

  12 days ago ago
Ramaposa is ready to fight corruption and end crime in South Africa

SOCIETY

Mkhwebane's 31 questions sent to Ramaphosa a day before Ramaphosa suspended her

Ramaphosa has a lot to answer, he keeps talking about the robbery when the question is not the robbery but kidnapping, money laundering, defeating the ends of justice, illicit trade, using state resources for personal use money laundering, tax evasion, failure to declare cash at customs, failure to declare cash at SARB, kidnapping, assault and bribery of victims to seal off their lips in the style of Zondo's Judiciary of sealing dollar man corruption a day after the Public Protector sent him 31 questions on Phala Phala million dollar heist, he suspended the Public Protector

  12 days ago ago
Mkhwebane's 31 questions sent to Ramaphosa a day before Ramaphosa suspended her

ECONOMY-FINANCE

More troubles as DA wants SARS and SARB to probe $4m theft at Ramaphosa's farm

The Democratic Alliance (DA) has requested that SARS and the South African Reserve Bank (SARB) examine reports of a heist at President Cyril Ramaphosa's property. The DA's John Steenhuisen sent two letters to SARS and the SARB on Friday in response to Ramaphosa's $4 million theft claims.

  20 days ago ago
More troubles as DA wants SARS and SARB to probe $4m theft at Ramaphosa's farm

ECONOMY-FINANCE

What happened to R500 billion? A Political Analyst Makes a Surprising Remark

It's been a year since President Cyril Ramaphosa's administration was accused of squandering R500 billion meant to help South Africans affected by the COVID-19 outbreak. There haven't been many explanations as to what happened to the money after then. Bo Mbindwane, a political analyst and researcher, has asked for the finance minister to be held accountable after telling what happened to the infamous R500 billion.

  3 months ago ago
What happened to R500 billion? A Political Analyst Makes a Surprising Remark

ECONOMY-FINANCE

Here Is How Interest Hikes Will Damage The Country

https://www.iol.co.za/business-report/economy/breaking-sarb-hits-sa-consumers-with-another-interest-rates-hike-deba33ba-696d-43f0-9b78-63b5633a4f30?utm_term=Autofeed&utm_medium=Social&utm_source=Twitter#Echobox=1652969439 implies that the great loaning rate will increment to 8.25 percent. Story go on underneath Advertisement Sarb lead representative Lesetja Kganyago today said that 4 individuals from the Monetary Policy Committee (MPC) favored the declared increment and 1 part favored a 25 premise point ascend in the repo rate.

  1 month ago ago
Here Is How Interest Hikes Will Damage The Country

ECONOMY-FINANCE

100 years anniversary for SA banknotes

This year, the South African Reserve Bank (SARB) marks its 100th commemoration since it initially began giving banknotes. Its most memorable notes came into dissemination in 1922, nearly 12 months after the SARB was laid out in June 1921. Before the SARB's arrangement, South Africa had no money related power, and it was the obligation of business banks to bring notes into flow.

  1 month ago ago
100 years anniversary for SA banknotes

ECONOMY-FINANCE

The central bank of South Africa has identified inflation as a key threat to the country's financial

Reuters Reuters - JOHANNESBURG - The possibility of a spillover from the Russia-Ukraine conflict, according to South Africa's central bank, might harm the country's financial stability by raising food and fuel inflation, slowing economic development, and increasing unemployment. Increases in the price of oil, gas, wheat, and other cereals have disproportionately hit emerging markets, prompting central banks to tighten monetary policy even at the risk of hurting economic growth.

  26 days ago ago
The central bank of South Africa has identified inflation as a key threat to the country's financial

ECONOMY-FINANCE

Higher Eletricity And Fuel Prices Pinned As Reasons For Repo Rate Hike. SEE DETAILS

The South African Reserve Bank has raised the repo rate by 50 basis points, citing higher electricity and fuel prices as the main factors for rising inflation. The South African Reserve Bank (SARB) has raised the repo rate by 50 basis points, citing higher power and fuel prices as the main factors for rising inflation.

  1 month ago ago
Higher Eletricity And Fuel Prices Pinned As Reasons For Repo Rate Hike. SEE DETAILS

HEALTH

OPINION| The DA has strongly criticised these proposed new regulations

The repealing of state of disaster act with national health act, could it only mean the revisitation of the failed 1 million grave project are these graves covered or still dug, mandatory vaccines is their ultimate objective. Why? considering that they spend most of their time on same when land is yet to be addressed as well as other ANC policies and resolutions?

  2 months ago ago
OPINION| The DA has strongly criticised these proposed new regulations

ECONOMY-FINANCE

Terrible News for Tymebank users, Here is what is happening now

an exclusively progressed retail bank arranged in South Africa. Gotten comfortable Rosebank, Johannesburg, TymeBank has no genuine bank workplaces and relies upon an Android banking Application, a Web Banking site, and a relationship with two corporate store, Pick n Pay and Fighter, to have a public association of self-organization stands that work with the record opening cycle.

  2 months ago ago
Terrible News for Tymebank users, Here is what is happening now

ECONOMY-FINANCE

Repo Rate increases to 4.75%

Repo Rate Rises To 4.75%: SA Reserve Bank raises interest rates by 50 basis points. Sarb Governor Lesetja Kganyago announced the rate hike on Thursday, following the conclusion of the bank’s May Monetary Policy Committee (MPC) meeting. The hike was expected by a slight majority of economists ahead of the meeting, especially after the US hiked its key rate by the same margin last month.

  1 month ago ago
Repo Rate increases to 4.75%

ECONOMY-FINANCE

The EFF rejects the increase of Repo rate by SARB. Workers will now pay more for bonds and cars.

The South African Reserve Bank is in charge of the monetary policy in the country. It uses various instruments available to it to control the inflation rate. The instrument used the most by the SARB is the interest rate, or the Repo rate in its case. Each and every quarter the monetary committee meets to decide on the Repo rate based on the prevail economic conditions.

  3 months ago ago
The EFF rejects the increase of Repo rate by SARB. Workers will now pay more for bonds and cars.

POLITICS

OPINION | So Ace Magashule is now blaming Cyril Ramaphosa for his step aside

So Ace is blaming Cyril for implementing the step aside rule of the Nasrec conference, and also blame him for not implementing SARB nationalisation rule, don't forget that Dr Mkhize is also blaming him for his escapades with the digital contract. One thing for sure the law is for the poor because when the rich and the influencial are being arrested, they blame the same law even have the temerity to challenge their arrest in the court law

  4 months ago ago
OPINION | So Ace Magashule is now blaming Cyril Ramaphosa for his step aside

ECONOMY-FINANCE

Economists predict big rate hike for South Africa this week

The Sarb's monetary policy committee (MPC) is expected to lift the repo rate, which affects the cost of borrowing, 50 basis points (bps) to 4.75%, having hiked it by 25 basis points to 4.25% at its previous meeting in March.

  1 month ago ago
Economists predict big rate hike for South Africa this week

ECONOMY-FINANCE

Interest rates are coming bigger, will they go even higher?

The South African Reserve Bank’s (SARB’s) choice to hike hobby charges by 25 basis points to four.25% on Thursday (24 march) got here as little surprise, however remark surrounding the boom indicates that steeper hikes will be at the way, says Jeff Schultz, senior economist at BNP Paribas South Africa.

  3 months ago ago
Interest rates are coming bigger, will they go even higher?

POLITICS

OPINION| Ramaphosa must let Ukraine and Russia fix their issues on their own without his mediation

President Putin is very smart to allow Cyril to mediate over matters of international interests when Cyril failed to pay his staff salaries and abandoned ANC's left radical policies in favour of DANC's new world order, Cyril is too ambitious for his dwarf stature he don't even understand what's happening in is own country, what the hell do you think you are going to achieve trying to understand things in other countries that don't concern you, please fix your own house first before helping the neighbours

  3 months ago ago
OPINION| Ramaphosa must let Ukraine and Russia fix their issues on their own without his mediation

ECONOMY-FINANCE

How did R500 billion end up in the wrong hands? Unexpected Remark from a Political Analyst

It's been a year since President Cyril Ramaphosa's government was accused of wasting R500 billion meant to aid South Africans impacted by the COVID-19 outbreak. After that, there haven't been many explanations as to where the money went. After describing what happened to the infamous R500 billion, Bo Mbindwane, a political analyst and researcher, has demanded that the finance minister be held accountable.

  3 months ago ago
How did R500 billion end up in the wrong hands? Unexpected Remark from a Political Analyst