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Reserve Bank heads to take a salary freeze

Gill Marcus - Reserve Bank Governor

Gill Marcus – Reserve Bank Governor

Pretoria – Reserve Bank Governor Gill Marcus, the bank’s deputy governors, together with the bank’s board members –  have decided to forgo salary increases in 2013 – given the global economic outlook, said the central bank. [Read more…]

Hope for BRICS Development Bank

BRICS - Development bank

BRICS - Development bank

Pretoria – South Africa says as host of the next BRICS summit next year, it has a duty to ensure that the grouping realises its dream of a Development Bank. [Read more…]