South African Reserve Bank
SARB
Press
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.
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SARB
Press
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.
SARB
Press
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
Decoder
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
Paper
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.
SARB
Press
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.
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SARB
Press
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.
SARB
Press
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.
SARB
Speech
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.
SARB
Speech
Kganyago warns of global shocks, highlights emerging market resilience
SARB Governor Lesetja Kganyago warned of persistent global economic shocks, including geopolitics, sovereign debt, and financial instability.
SARB
Paper
Survey priming modestly influences inflation expectations
A South African Reserve Bank working paper evaluates the impact of providing historical inflation data ("priming") on survey respondents' inflation expectations.
SARB
Speech
Kganyago outlines SARB playbook for supply shocks
South African Reserve Bank Governor Lesetja Kganyago discussed the central bank's approach to supply-side shocks and the 3% inflation target at Rhodes University.