South African Reserve Bank
SARB
Speech
Kganyago: SA reforms, global resilience drive growth
South African Reserve Bank Governor Lesetja Kganyago highlighted global economic resilience and South Africa's reform progress in his address to foreign missions.
Focus
SARB
Press
Southeast Exchange fined R600,000 for AML control failures
The South African Reserve Bank (SARB) has imposed administrative sanctions on Southeast Exchange Company South Africa (Pty) Limited, an Authorised Dealer in foreign exchange with limited authority (ADLA).
SARB
Press
SARB publishes QR+ Standard 1.2 for digital payments
The South African Reserve Bank (SARB) has published version 1.2 of its QR+ Standard under the Payments Ecosystem Modernisation Programme.
Latest
SARB
Paper
SARB framework creates sustained money market surplus
The South African Reserve Bank (SARB) introduced a new surplus-based monetary policy implementation framework in June 2022, leading to sustained surplus liquidity in the banking system.
SARB
Paper
Financial sector activity drives South African corporate credit growth
South African corporate credit growth accelerated significantly over the past year, primarily driven by strong demand from the financial sector.
SARB
Paper
Gold surpasses Euro as second largest reserve asset
Central banks globally have significantly increased their gold reserves, leading gold to surpass the euro as the world's second-largest reserve asset after the US dollar.
More Topics
SARB
Press
Banks to comply with new IRRBB requirements from July 1
The South African Reserve Bank's Prudential Authority has issued a Directive for banks to comply with revised requirements for interest rate risk in the banking book (IRRBB).
SARB
Paper
SA 2025 financial flows: Risk aversion, lower foreign inflows
A South African Reserve Bank note details the flow of funds in 2025, highlighting improved domestic economic activity and shifts in sectoral financing.
SARB
Paper
SARB expands public finance statistics coverage
The South African Reserve Bank (SARB) will expand its public finance statistics in the Quarterly Bulletin to include public deposit-taking corporations (PDTCs).
SARB
Paper
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.
SARB
Paper
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.
SARB
Press
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.