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The latest results of the Agbiz/IDC Agribusiness Confidence survey still showed a subdued mood among agribusiness as widely expected given the negative turn on the weather front that slashed harvest prospects for the 2023/24 summer crop season.
As the South African Reserve Bank (SARB) gears up for its upcoming Monetary Policy Committee (MPC) meeting, expectations are leaning towards no change in the Bank’s repo rate amid higher recent inflation prints.
Inter-regulatory collaboration between the Financial Sector Conduct Authority (FSCA) and Prudential Authority (PA) is essential for South Africa’s long-term financial stability. In his keynote address to the inaugural FSCA Industry-wide Conference 2024, South African Reserve Bank (SARB) Governor, Lesetja Kganyago said that the SARB could not operate in isolation in delivering on its mandate to ensure financial stability.
The strongest deterrent against FSP compliance missteps is or should be: