Marcus: Gold plunge extremely concerning

Marcus: Gold plunge extremely concerning
Johannesburg – The biggest drop in gold prices since 1983 is “extremely concerning” and reflects the uncertain outlook for the global economy, South African Reserve Bank Governor Gill Marcus said. The central bank will continue to accumulate bullion as …
Read more on Independent Online

How big of a problem is unsecured lending for banks?
While this would enough to pose a problem if impairments raged out of control, South African banks are actually very well capitalised. The table below shows some data from the Reserve Bank on banking sector liquidity. As you can see, the sector is in …
Read more on Moneyweb.co.za (blog)

SA still 'gateway into Africa' for foreign investors
Reserve Bank governor Gill Marcus says the outlook for South Africa's second-biggest sector, manufacturing, is positive because of the weaker rand, but remains fragile due to the weak demand in main export markets. She says the recession in the …
Read more on BusinessLIVE

Tags: , , , ,

Comments are closed.

CIGI Experts Outline Prescriptions for Cannes Summit and Beyond in Special Report on G20 Issues

Waterloo, Ont. (PRWEB) October 20, 2011 With a possible euro zone collapse and Greek insolvency likely to dominate the upcoming [...]

Pathways Home Health and Hospice Satu Johal Receives CFO of Year of the Year Award; Silicon Valley Business Journal Honoree

Sunnyvale, California (PRWEB) December 02, 2011 Satu Johal, CFO at Pathways Home Health & Hospice, received the Silicon Valley Business [...]

Latest Financial Regulation News

Working Together Towards Better Financial Regulation and Stability in Asia Image by Asian Development Bank Tellers attend to clients in [...]

European financial regulation – 4 questions to Olivier Garnier (Societe Generale)

Olivier Garnier, Chief economist at Societe Generale Group, expresses his view on European financial regulation and its reform. Video interview [...]

AMS Health Care Mortgage Corporation Provides Debt Service Savings to Hospitals Utilizing FHA 242 Mortgage Insurance Program

Jacksonville, FL (PRWEB) August 30, 2013 An oft-overlook and relatively unknown federal program for hospitals seeking capital for needed and [...]

Vermont’s Captive Insurance Industry Off to Best Start Since 2005

Montpelier, VT (PRWEB) April 16, 2012 First quarter licensure of new captive insurance companies is off to a strong start [...]