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SA economy could contract 8.2%: OECD

31 Jul 2020 /  Monique Vanek, Bloomberg   18
On a second virus wave.

Sarb to start rand reverse repos to manage market liquidity

UPDATE
31 Jul 2020 /  Emma Rumney, Reuters   1
'The buy-sell backs will be conducted on an ad hoc basis, as and when required,' Sarb said in a statement.

New vehicle prices rise sharply above inflation despite sales slump

30 Jul 2020 /  Roy Cokayne   39
Depreciation of the rand blamed.

IMF lends a generous and welcome hand

29 Jul 2020 /  Dr Roelof Botha   8
Arguably the most important advantage of securing the IMF loan lies in the counter-cyclical nature of such funding.

SA stocks inch up ahead of Fed, Standard Bank rallies

29 Jul 2020 /  Adelaide Changole, Bloomberg  
Foreigners were net buyers of South African stocks Tuesday.

SA may give in to IMF by introducing debt ceiling

29 Jul 2020 /  Prinesha Naidoo and Antony Sguazzin, Bloomberg   6
The IMF has agreed to provide South Africa with $4.3 billion.

No room for complacency in implementing reforms: Treasury

29 Jul 2020 /  Tebogo Tshwane   23
Government's largest Covid-19 loan is approved, now SA's fate lies in how we pick up the pieces.

New Toyota hybrid part of R2.5bn Durban investment

29 Jul 2020 /  Suren Naidoo   7
Plans ‘still on track’ despite Covid-19.

SA’s economy to contract 7.2% -IMF

28 Jul 2020 /  Mfuneko Toyana, Reuters   5
Even after loan injection.

SA to repay $4.3bn IMF loan from 2023

UPDATE
28 Jul 2020 /  Prinesha Naidoo, Bloomberg   4
The facility is the country’s maximum entitlement under its special drawing rights with the IMF.

Global growth potential tumbles as jobless spikes, Fitch says

28 Jul 2020 /    
The fallout of the coronavirus pandemic will last for years to come.

First post-pandemic-recovery infrastructure projects gazetted

28 Jul 2020 /  Roy Cokayne   23
Six sectors targeted in R360bn ‘first wave’.

IMF approves $4.3bn loan for SA to address Covid-19 challenges

27 Jul 2020 /  Tebogo Tshwane    30
A rapid financing instrument is a low-cost loan to IMF member countries needing emergency assistance, without needing a fully-fledged programme in place.

Recession-shocked savers rein in rates with a $20tr hoard

26 Jul 2020 /  Kriti Gupta and Liz Capo McCormick, Bloomberg   4
'A lot of people are going to re-examine how they view money.'
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