South African Reserve Bank
The future of payments, digital assets and stablecoins
South African Reserve Bank Deputy Governor Rashad Cassim outlined the central bank's strategy for modernizing payment systems and navigating the future of digital finance.
Focus
Kganyago: Rate hike tackles supply shocks, anchors expectations
South African Reserve Bank Governor Lesetja Kganyago announced a rate hike from 6.75 percent to 7 percent.
SARB launches 2027 bursary for disadvantaged students
The South African Reserve Bank has opened applications for its 2027 External Bursary Scheme, targeting academically strong students from disadvantaged backgrounds.
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SARB opens 2027 economics bursary applications
The South African Reserve Bank (SARB) invites aspiring economists to apply for its external bursaries programme for the 2027 academic year.
SARB offers Data Science Master's scholarship for 2027
The South African Reserve Bank (SARB) is inviting prospective Master's degree students in Data Science and Machine Learning to apply for a full scholarship for the 2027 academic year.
Policy rate raised to 7.0 percent by SARB
The South African Reserve Bank (SARB) has increased its policy rate by 25 basis points to 7.0 percent, effective May 29. The decision was driven by intensified inflation risks and the likelihood of second-round effects from overlapping shocks.
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SARB guides CCPs on liquidity risk return completion
The South African Reserve Bank's Prudential Authority has issued Guidance Notice 2 of 2026, assisting Central Counterparties (CCPs) in completing their monthly liquidity risk returns.
SARB updates Currency and Exchanges Manual for Dealers
The South African Reserve Bank (SARB) has published an updated "Currency and Exchanges Manual for Authorised Dealers.
PA to exempt payment activities from bank definition
The South African Reserve Bank's Prudential Authority intends to issue an exemption notice for specified payment activities.
Comment deadline for capital flow rules extended to June 30
National Treasury and the South African Reserve Bank (SARB) have extended the deadline for public comments on the draft Capital Flow Management Regulations, 2026, from May 18, 2026, to June 30, 2026.
Dr Makrelov appointed SARB Chief Economist
The South African Reserve Bank has appointed Dr Konstantin Makrelov as its Chief Economist and Head of Economic Research.
Tshazibana details AI risks for financial stability
South African Reserve Bank Deputy Governor Fundi Tshazibana outlined the growing risks and regulatory challenges posed by artificial intelligence in the financial sector.