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South African Reserve Bank

SARB Central Bank
South Africa's central bank proposes replacing prime lending rate
SARB Press Release

South Africa's central bank proposes replacing prime lending rate

The South African Reserve Bank (SARB) has published a consultation paper proposing to replace the Prime Lending Rate (PLR) with its policy rate as the primary reference rate for bank loans.

Focus

Real-time credit gap signals financial imbalances in South Africa
SARB Paper

Real-time credit gap signals financial imbalances in South Africa

A new SARB working paper explores real-time identification of South Africa's credit-to-GDP gap.

SARB holds policy rate at 6.75 percent amid balanced inflation risks
SARB Press Release

SARB holds policy rate at 6.75 percent amid balanced inflation risks

The South African Reserve Bank's Monetary Policy Committee (MPC) kept the policy rate unchanged at 6.75 percent at its January 2026 meeting.