
The South African Reserve Bank (SARB)
The South African Reserve Bank (SARB) Bursary
Fields of Study
About The South African Reserve Bank (SARB)
SARB , the central bank of South Africa, has a dual mandate: to protect the currency's value in the interest of balanced economic growth and to ensure financial stability. This constitutional role involves issuing and managing currency, regulating financial institutions, overseeing national payments systems, managing foreign reserves, acting as the government's banker, and providing last-resort liquidity assistance. Price stability, with a target inflation range of 3-6%, is a pivotal focus, reinforcing the bank's responsibility in maintaining financial system stability. SARB operates independently while collaborating with government and is accountable to Parliament. Strategic Commitment: SARB's strategy revolves around achieving price and financial stability for the benefit of all South Africans. Through its five strategic focus areas and specific objectives, the bank aims to make a significant contribution to the nation's economic well-being. This commitment to independence, transparency, and strategic planning underscores its vital role in supporting South Africa's economic growth and stability.
About this Bursary
Eligibility Requirements
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