• To do list

    Keep separate lists to ensure your to-dos don't get cluttered and gain stress-free productivity, Ian Mann.

  • Clueless leaders

    Zim's leaders are clueless about managing the economy or leading the nation, says Malcom Sharara.

  • Govt is out of touch

    Journalists seems to know more than those paid to govern us, says Mandi Smallhorne.

All data is delayed
Loading...
See More

New Basel rules to impact SA policy

Jun 01 2012 07:53
Reuters

Johannesburg - New global liquidity requirements do not suggest a need to change South Africa's monetary policy implementation framework but will have an impact on monetary policy and interest rates, Reserve Bank Deputy Governor Daniel Mminele said.

"The ... requirements may result in South African banks reducing their lending, and therefore the availability of credit to the real economy," Mminele said in a speech posted on the Bank's website on Thursday.

"This will most certainly have negative consequences for economic growth and employment creation, which will further reduce available savings."

 
daniel mminele  |  banks  |  sa economy  |  basel 3

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Comments have been closed for this article.
 

Company Snapshot

We're talking about:

THE DEBT ISSUE

Debt is one of the biggest financial issues facing South Africans today. Find out how you can avoid and manage your debt with Fin24 and Debt Rescue.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

Labour’s call for a cap on salary of high earners is?

Previous results · Suggest a vote

Loading...