Gill Marcus

Gill Marcus is the Governor of the South African Reserve Bank. She succeeded Tito Mboweni on 9 November 2009, and is the ninth governor and the first woman to hold the position.

S.Africa rand steadies, yields down as bonds edge up

South Africa's rand reversed its earlier losses against the dollar on Wednesday and government bond yields pulled back from the previous day's multi-week highs as local assets took a breather from a hammering brought on by global risk aversion.

S.Africa monetary policy to focus on inflation: Marcus

South Africa's monetary policy will maintain its focus on hitting a 3-6 percent inflation target over the medium term but will remain sensitive to the domestic economic situation, Reserve Bank Governor Gill Marcus said on Tuesday.

S.Africa's rand firms, bonds weak on rates outlook

South Africa's government bonds were weaker on Friday as the market priced out the chance of a rate cut after a hawkish monetary policy statement while the rand jumped against the dollar as global sentiment turned pro-risk.

SAfrica cbank holds rates, targets inflation

South Africa's Reserve Bank held interest rates on Thursday, choosing to focus on rising inflationary pressures in preference to propping up a sluggish domestic economy as uncertainties clouded the country's future rate path.

S.Africa holds repo rate flat, rand slides

South Africa's Reserve Bank left its repo rate unchanged on Thursday and struck a dovish note as it balanced its concerns for domestic economic growth with an expected increase in inflation stemming from a sharply weaker rand.

S.Africa's rand steady against dollar, stocks gain

South Africa's rand was little changed from last week's closing levels against the dollar on Monday, with central bank intervention helping stem gains in the currency despite support from stronger commodity prices.

S.Africa leaves repo rate at 5.5 percent

South Africa's Reserve Bank left its repo rate steady at 5.5 percent as expected on Thursday, citing an improving economic outlook and sustained recovery in domestic consumption.