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The South African Reserve Bank (SARB) is the central bank of South Africa. It was established in 1921 after Parliament passed an act, the "Currency and Bank Act of 10 August 1920", as a direct result of the abnormal monetary and financial conditions which World War I had brought.
He is the Governor of the South African Reserve Bank (SARB). [1] He was appointed to that post on 6 October 2014, by Jacob Zuma , the former President of the Republic of South Africa (RSA). [ 2 ] He assumed the Governorship of the South African Reserve Bank on 9 November 2014, following the expiry of the term of his predecessor Gill Marcus , on ...
Banking in South Africa is centred on the South African Reserve Bank (SARB), which is the monetary authority and controls gold and foreign exchange reserves. [ 1 ] Legislation and regulatory authorities
Download QR code; Print/export Download as PDF; Printable version; ... as updated late 2024 by the Reserve Bank of South Africa. [1] [2] List of commercial banks
Gill Marcus (born 10 August 1949) is a South African banker and politician who served as Governor of the South African Reserve Bank from 2009 to 2014. She was the first and only woman and the ninth person to hold the position. [1]
Upon joining the South African Reserve Bank, he resigned all of his elected and appointed positions in the ANC. [citation needed] Mboweni joined the South African Reserve Bank in July 1998 as the first black Advisor to the Governor. [7] On 8 August 1999, he succeeded Chris Stals as Governor of the Reserve Bank. As governor, he oversaw the ...