ABOUT THE SOUTH AFRICAN RESERVE BANK (THE SARB)
2019/20 PERFORMANCE HIGHLIGHTS
There were no failures of systemically important financial institutions.
THE SARB’S MANDATE
Read about how the SARB manages inflation.
Read overviews of the world and domestic economies, inflation dynamics and the decisions of the Monetary Policy Committee.
Read about the risks to financial stability, the resilience of the South African banking sector and how the SARB is preparing for its role as a resolution authority.
Read about the progress made by the Prudential Authority against its regulatory strategy and other priorities.
The outbreak of COVID-19, and the measures taken to contain its spread, are having wide-ranging and deep social and economic impacts globally and in South Africa.
The SARB is using monetary policy, financial market operations and its regulatory tools to contribute towards the continued smooth functioning of the country’s financial sector and the stability of its financial system.
THE SARB’S STRATEGIC PLAN