South African Reserve Bank
SAFXC reviews FX market, Jibar-ZARONIA shift, digital currency
The South African Foreign Exchange Committee (SAFXC) discussed domestic foreign exchange market conditions, the transition from Jibar to ZARONIA, and the implications of digital currencies at its meeting on April 7, 2026.
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SARB subsidiary CPD reports R385m comprehensive income
The Corporation for Public Deposits (CPD), a wholly owned subsidiary of the South African Reserve Bank (SARB), has released its annual financial statements for the year ended March 31, 2026.
CODI completes first depositor reimbursement, refines processes
South Africa's Corporation for Deposit Insurance (CODI) successfully completed its first depositor reimbursement, distributing R7 million to covered depositors within 20 days.
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SARB Deputy Governor details yield curve's policy role
South African Reserve Bank Deputy Governor Rashad Cassim discussed the central bank's approach to financial markets and the bond yield curve in monetary policy decision-making.
Kganyago on policy leadership: evidence, courage, humility
Lesetja Kganyago, Governor of the South African Reserve Bank, addressed the 2026 Youth Leadership Summit on the essence of policy leadership.
SARB to regulate cross-border payment facilitators
The South African Reserve Bank (SARB) is developing a coordinated regulatory approach for cross-border payment facilitators, which aggregate transactions for offshore merchants but are currently unregulated.
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South Africa plans 'Cash Smart' strategy for payments
The South African Reserve Bank has published a position paper outlining its 'Cash Smart Strategy' to ensure cash remains affordable, accessible, and ethical.
SARB launches museum to boost transparency, financial literacy
President Cyril Ramaphosa officially launched the South African Reserve Bank (SARB) Museum at the institution's Head Office Campus in Pretoria.
ZARONIA replaces SADR1T as new overnight rate
The South African Reserve Bank's Prudential Authority will replace the South African rand overnight deposit rate (SADR1T) with the South African Rand Overnight Index Average (ZARONIA) in the nominal PA Curve's constituent data set.
SARB launches museum, opens Head Office to public
South African Reserve Bank Governor Lesetja Kganyago launched the SARB Museum and reopened its Head Office campus in Pretoria on June 19, 2026.
US rate shocks impact South Africa, tightening hits harder
A South African Reserve Bank working paper estimates the impact of US interest rate shocks on the South African economy.
SARB flags geopolitical, AI, fiscal risks to stability
The South African Reserve Bank's (SARB) latest Financial Stability Review identifies intensified geopolitical conflict, advanced AI models, and unsustainable fiscal dynamics as key risks to domestic financial stability.