DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Lesetja Kganyago - 1 Kganyago - 1 Jason Tuvey - 1 Tuvey - 1 Kuben Naidoo - 1 Nellie Peyton - 1 Tannur Anders - 1 Kopano - 1
Top related locs:
PRETORIA
Top related orgs:
South - 1 Reuters Graphics Reuters - 1 Capital Economics - 1 MPC - 1 Thomson - 1

Search resuls for: "Kuben Naidoo"


2 mentions found


☆ South Africa holds rate but says hikes may not be over
  + stars: | 2023-07-20 | by ( Kopano Gumbi Nellie Peyton Tannur Anders | Kopano Gumbi | Nellie Peyton | ) www.reuters.com   time to read: +2 min
The South African Reserve Bank's (SARB) monetary policy committee (MPC) kept rates at 8.25% as inflation forecasts came in lower than previous ones and economic conditions improved. Kganyago said future rate decisions would continue to depend on economic data and risks to the inflation outlook. The bank expects inflation to fall back to the midpoint of the target range sustainably only by the third quarter of 2025. Jason Tuvey, deputy chief emerging markets economist at Capital Economics, said in a note that rate cuts were likely to materialise only early next year. "The split vote suggests that inflation concerns continue to linger and it is likely to take some time before a majority on the MPC are in favour of rate cuts," Tuvey said.
Persons: Lesetja Kganyago, Kganyago, Jason Tuvey, Tuvey, Kuben Naidoo, Nellie Peyton, Tannur Anders, Kopano, Anait Miridzhanian, Promit Mukherjee, Rachel Savage, Alexander Winning, Olivia Kumwenda, Frances Kerry Organizations: South, Reuters Graphics Reuters, Capital Economics, MPC, Thomson Locations: PRETORIA
☆ South Africa moves to regulate crypto assets
  + stars: | 2022-10-19 | by ( ) www.reuters.com   time to read: +2 min
JOHANNESBURG, Oct 19 (Reuters) - South Africa's financial watchdog has classified cryptocurrency assets as financial products, a notice in the government gazette said on Wednesday, enabling them to be regulated. Regulations that the authorities have said they planned to introduce include applying foreign exchange controls and licensing crypto trading companies. Crypto assets are not issued by a central bank, but are capable of being traded, transferred or stored electronically. He added the SARB wanted regulation of crypto assets to prevent theft, money laundering and undermining of monetary policy because an ubiquitous cryptocurrency could weaken the authority of the central bank. He added the declaration would apply to crypto trading platforms, as well as those that provide advice or intermediary services for the buyers and sellers of digital financial assets.
0 next >>
Total: 2