SA Reserve Bank

01/06/2026

[WATCH LIVE] On Thursday, the South African Reserve Bank (SARB) will host the inaugural Tito Mboweni Memorial Lecture, honouring the legacy of the visionary policymaker.

Tito Mboweni, Governor No. 8, also served as South Africa’s Minister of Finance and Minister of Labour, and was a leading voice on sound economic policy and building capable institutions.

This year’s lecture will be delivered by Professor Axel A. Weber, former President of the Deutsche Bundesbank and current President of the Center for Financial Studies at Goethe University Frankfurt.

Date: 4 June 2026
Time: 15:00

Watch the lecture live on YouTube: https://www.youtube.com/ Facebook: https://www.facebook.com/SaReserveBank/ and X: https://x.com/SAReserveBank

01/06/2026

🎓 [APPLY TODAY] Starting your higher education journey?

The South African Reserve Bank offers scholarships and bursaries to undergraduates looking to study in a range of fields.

🗓️ Applications close: 30 September 2026

Don't miss out! Late applications will not be considered.

For more information visit: https://www.resbank.co.za/en/home/publications/publication-detail-pages/bursary/2026/external-2027

01/06/2026

🎨 [ART SCHOLARSHIP ALERT] Are you a passionate Fine Arts student ready to take your talent to the next level?

The South African Reserve Bank is offering a year-long full scholarship to a qualifying Fine Arts student for the 2027 academic year.

🗓️ Application close: 30 September 2026

For more information visit: https://www.resbank.co.za/en/home/publications/publication-detail-pages/bursary/2026/art-scholarship-2027

29/05/2026

[ATTENTION ECONOMICS GRADUATES] Applications are open for the 2027 Economist Internship Programme at Stellenbosch University’s Bureau for Economic Research (BER). In partnership with the South African Reserve Bank (SARB), the programme provides practical training to graduates, giving them the opportunity to work alongside BER economists for a year. Successful candidates will be employed full-time by the SARB and receive a competitive salary.

Apply here: https://www.ber.ac.za/internship/index/E29DE9A9-C38B-4196-9F55-3B6999024DDE

29/05/2026

Chart of the week on the producer price spike

28/05/2026

[IN PICTURES] The Monetary Policy Committee decided to increase the policy rate by 25 basis points to 7%, effective from 29 May. Four members preferred this action, while two favoured no change.

28/05/2026

[IN PICTURES] The Monetary Policy Committee decided to increase the policy rate by 25 basis points to 7%, effective from 29 May. Four members preferred this action, while two favoured no change.

Watch the press conference here: https://www.youtube.com/watch?v=k4QtGTojFFY Read the full statement here: https://www.resbank.co.za/en/home/publications/publication-detail-pages/statements/monetary-policy-statements/2026/may

28/05/2026

The Monetary Policy Committee decided to increase the policy rate by 25 basis points to 7%, effective from 29 May. Four members preferred this action, while two favoured no change.

Watch the press conference here: https://www.youtube.com/watch?v=k4QtGTojFFY Read the full statement here: https://www.resbank.co.za/en/home/publications/publication-detail-pages/statements/monetary-policy-statements/2026/may

Statement of the Monetary Policy Committee January 2026

28/05/2026

The MPC decided to increase the policy rate by 25 basis points, to 7%, effective from 29 May. Four members preferred this action, while two favoured no change.

28/05/2026

The MPC decided to increase the policy rate by 25 basis points, to 7%, effective from 29 May. Four members preferred this action, while two favoured no change.