MNI BRIEF: BOJ Consumption Activity Index Rebounds In April

MNI BRIEF: China Service Trade Grows Rapidly, Deficit Expands

MNI: PBOC Net Drains CNY98 Bln Via OMO Fri; Rates Unchanged

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS FRI

MNI: PBOC Sets Yuan Parity Lower At 7.1106 Fri; -1.79% Y/Y

CHINA SETS YUAN CENTRAL PARITY AT 7.1106 FRI VS 7.1108

Manufacturing Stalls in April; Overall Q1 IP Weaker Than Thought

April Manufacturing IP Reverses March Gains

Export Rise More Than Forecast, Imports Slow, But Commodity Volumes Hold Up

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

FinMin Godongwana Rules Out Creation of New State Bank

SOUTH AFRICA
  • South Africa does not have the funds to create a new state bank and if one is created it must be self-funded, Finance Minister Enoch Godongwana tells lawmakers Wednesday
  • “’South Africa’s state banks must be questioned if they are living up to their mandates and if a new state bank is created, what market failure will it alleviate?”
  • Parliament is processing legislation that will allow The Post Bank, which is part of the South African Post Office, to get a license from the South African Reserve Bank: Godongwana - bbg
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
BulletEM BulletEmerging Market NewsHomepage
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
BulletEM BulletEmerging Market NewsHomepage

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.