SA Reserve Bank
@SAReserveBank
The purpose of the South African Reserve Bank is to achieve and maintain price stability in the interest of balanced and sustainable economic growth
The MPC decided to reduce the policy rate by 25 basis points, with effect from 30 May.

Thank you #G20SouthAfrica for very constructive set of meetings. On Day 2, I met with @federalreserve’s Brian Doyle, @bankofcanada Governor Tiff Macklem, @DGTresor’s Bertrand Dumont & Danish Economy Minister @stephanie_lose. Covered G20 issues, trade tensions & the outlook.
[ICYMI] The third G20 Finance Ministers and Central Bank Governors (FMCBG) Meeting concluded on 18 July 2025 with all members consenting to a communiqué that centred on strategic macroeconomic issues. This is the second G20 communiqué agreed on the African continent since the…
![SAReserveBank's tweet image. [ICYMI] The third G20 Finance Ministers and Central Bank Governors (FMCBG) Meeting concluded on 18 July 2025 with all members consenting to a communiqué that centred on strategic macroeconomic issues. This is the second G20 communiqué agreed on the African continent since the…](https://pbs.twimg.com/media/GwiY_AwXgAESkgt.jpg)
#ZAinflation || Annual consumer price inflation was 3,0% in June, up from 2,8% in May. Listen here for more: soundcloud.com/statssa/cpi-ju… #StatsSA #ZACPI #GovZAupdates
[ICYMI] Last week the SA Reserve Bank (SARB) and Bank for International Settlements Committee on Payments and Market Infrastructures co-hosted a G20 Finance Track side event titled, ‘Enhancing cross-border payments in sub-Saharan Africa: unlocking the power of data and trust’.…
![SAReserveBank's tweet image. [ICYMI] Last week the SA Reserve Bank (SARB) and Bank for International Settlements Committee on Payments and Market Infrastructures co-hosted a G20 Finance Track side event titled, ‘Enhancing cross-border payments in sub-Saharan Africa: unlocking the power of data and trust’.…](https://pbs.twimg.com/media/Gwho6LYW0AE0mKz.jpg)
[ICYMI] Last week Governor Lesetja Kganyago delivered the welcoming address at the G20 Finance Track side event titled, ‘Addressing the natural catastrophe insurance protection gap’. The event, hosted by the G20 Presidency in coordination with the International Association of…
![SAReserveBank's tweet image. [ICYMI] Last week Governor Lesetja Kganyago delivered the welcoming address at the G20 Finance Track side event titled, ‘Addressing the natural catastrophe insurance protection gap’.
The event, hosted by the G20 Presidency in coordination with the International Association of…](https://pbs.twimg.com/media/Gwcz92rXQAAe_Ui.jpg)
[ICYMI] Governor Lesetja Kganyago participated in a number of discussions on the sidelines of last week's G20 Finance Track meetings. The 'Artificial intelligence in finance' side event was co-hosted by the Financial Sector Conduct Authority and the Organisation for Economic…
🎨 [ART SCHOLARSHIP ALERT] Are you a passionate Fine Arts student ready to take your talent to the next level? The SA Reserve Bank is offering a year-long full scholarship to a qualifying Fine Arts student for the 2026 academic year. 🗓️ Application deadline: 30 September 2025…
![SAReserveBank's tweet image. 🎨 [ART SCHOLARSHIP ALERT] Are you a passionate Fine Arts student ready to take your talent to the next level?
The SA Reserve Bank is offering a year-long full scholarship to a qualifying Fine Arts student for the 2026 academic year.
🗓️ Application deadline: 30 September 2025…](https://pbs.twimg.com/media/GwYvAcHWgAAc5I4.jpg)
🎓 [BURSARY OPPORTUNITY] Are you an aspiring economist starting your first year of undergraduate studies in 2026? The SA Reserve Bank is offering bursaries to help you kickstart your academic career. 🗓️ Application deadline: 30 September 2025 For more information visit:…
![SAReserveBank's tweet image. 🎓 [BURSARY OPPORTUNITY] Are you an aspiring economist starting your first year of undergraduate studies in 2026?
The SA Reserve Bank is offering bursaries to help you kickstart your academic career.
🗓️ Application deadline: 30 September 2025
For more information visit:…](https://pbs.twimg.com/media/GwYTirfWkAA8K74.jpg)
🎓 [APPLY TODAY] Starting your higher education journey? The SA Reserve Bank offers scholarships and bursaries to undergraduates looking to study in a range of fields. 🗓️ Application deadline: 30 September 2025 Don't miss out! Late applications will not be considered. For…
![SAReserveBank's tweet image. 🎓 [APPLY TODAY] Starting your higher education journey?
The SA Reserve Bank offers scholarships and bursaries to undergraduates looking to study in a range of fields.
🗓️ Application deadline: 30 September 2025
Don't miss out! Late applications will not be considered.
For…](https://pbs.twimg.com/media/GwX4FYMWQAAaWEq.jpg)
Did you know that South Africa’s Deposit Insurance Scheme, the Corporation for Deposit Insurance (CODI), fully protects 9 out of 10 qualifying depositors with accounts in qualifying products? A qualifying depositor will have access to up to R100 000 per deposit per bank should a…
🎓 [SCHOLARSHIP ALERT] Ready to level up your skills? The SA Reserve Bank is inviting prospective Master's degree students to apply for bursaries in the fields of data science, machine learning and artificial intelligence. 🗓️ Application deadline: 31 October 2025 For more…
![SAReserveBank's tweet image. 🎓 [SCHOLARSHIP ALERT] Ready to level up your skills?
The SA Reserve Bank is inviting prospective Master's degree students to apply for bursaries in the fields of data science, machine learning and artificial intelligence.
🗓️ Application deadline: 31 October 2025
For more…](https://pbs.twimg.com/media/GwXPMqyWQAAFoiC.jpg)
[ICYMI] As part of the July G20 Finance Track meetings, the SA Reserve Bank and the Bank for International Settlements Committee on Payments and Market Infrastructures (CPMI) co-hosted a side event titled, ‘Enhancing cross-border payments in sub-Saharan Africa: unlocking the…
![SAReserveBank's tweet image. [ICYMI] As part of the July G20 Finance Track meetings, the SA Reserve Bank and the Bank for International Settlements Committee on Payments and Market Infrastructures (CPMI) co-hosted a side event titled, ‘Enhancing cross-border payments in sub-Saharan Africa: unlocking the…](https://pbs.twimg.com/media/GwNJbs0W4AAXLtu.jpg)
![SAReserveBank's tweet image. [ICYMI] As part of the July G20 Finance Track meetings, the SA Reserve Bank and the Bank for International Settlements Committee on Payments and Market Infrastructures (CPMI) co-hosted a side event titled, ‘Enhancing cross-border payments in sub-Saharan Africa: unlocking the…](https://pbs.twimg.com/media/GwNJbtdW4AACNmt.jpg)
![SAReserveBank's tweet image. [ICYMI] As part of the July G20 Finance Track meetings, the SA Reserve Bank and the Bank for International Settlements Committee on Payments and Market Infrastructures (CPMI) co-hosted a side event titled, ‘Enhancing cross-border payments in sub-Saharan Africa: unlocking the…](https://pbs.twimg.com/media/GwNJbtdWAAAMeeB.jpg)
![SAReserveBank's tweet image. [ICYMI] As part of the July G20 Finance Track meetings, the SA Reserve Bank and the Bank for International Settlements Committee on Payments and Market Infrastructures (CPMI) co-hosted a side event titled, ‘Enhancing cross-border payments in sub-Saharan Africa: unlocking the…](https://pbs.twimg.com/media/GwNJbssXAAEp8fM.jpg)
[IN PICTURES] That's a wrap on the July G20 Finance Track meetings, co-hosted by National Treasury and the SA Reserve Bank (SARB). Here are some of the National Treasury and SARB officials who supported the G20 Finance Track Meetings as liaison officers, representing the country…
![SAReserveBank's tweet image. [IN PICTURES] That's a wrap on the July G20 Finance Track meetings, co-hosted by National Treasury and the SA Reserve Bank (SARB).
Here are some of the National Treasury and SARB officials who supported the G20 Finance Track Meetings as liaison officers, representing the country…](https://pbs.twimg.com/media/GwJ7cSMXUAEj3ia.jpg)
![SAReserveBank's tweet image. [IN PICTURES] That's a wrap on the July G20 Finance Track meetings, co-hosted by National Treasury and the SA Reserve Bank (SARB).
Here are some of the National Treasury and SARB officials who supported the G20 Finance Track Meetings as liaison officers, representing the country…](https://pbs.twimg.com/media/GwJ7cPyWwAAliPX.jpg)
![SAReserveBank's tweet image. [IN PICTURES] That's a wrap on the July G20 Finance Track meetings, co-hosted by National Treasury and the SA Reserve Bank (SARB).
Here are some of the National Treasury and SARB officials who supported the G20 Finance Track Meetings as liaison officers, representing the country…](https://pbs.twimg.com/media/GwJ7cQRXsAIat5k.jpg)
![SAReserveBank's tweet image. [IN PICTURES] That's a wrap on the July G20 Finance Track meetings, co-hosted by National Treasury and the SA Reserve Bank (SARB).
Here are some of the National Treasury and SARB officials who supported the G20 Finance Track Meetings as liaison officers, representing the country…](https://pbs.twimg.com/media/GwJ7cPrXsAEuGNY.jpg)
A successful visit of 🇩🇪 Finance Minister @larsklingbeil to #G20SouthAfrica in Durban comes to an end - looking forward to the next visit! #GermanyMeetsMzansi 🇿🇦🫱🏾🫲🏽🇩🇪
Chart of the week on the decline in vehicle export sales

The third G20 Finance Ministers and Central Bank Governors Meeting has officially concluded. The meeting outcomes, agreed in a communiqué consented to by all members, centre on strategic macroeconomic issues. Read the communiqué here: resbank.co.za/en/home/public… Watch all open…

[TUNE IN NOW]
The third G20 Finance Ministers and Central Bank Governors Meeting concludes today in Zimbali, KwaZulu-Natal. Minister of Finance Enoch Godongwana and SA Reserve Bank (SARB) Governor Lesetja Kganyago will hold a joint press briefing following the conclusion of the meeting. The…
The third G20 Finance Ministers and Central Bank Governors Meeting concludes today in Zimbali, KwaZulu-Natal. Minister of Finance Enoch Godongwana and SA Reserve Bank (SARB) Governor Lesetja Kganyago will hold a joint press briefing following the conclusion of the meeting. The…

[ICYMI] As part of the July G20 Finance Track meetings, the SA Reserve Bank and the Bank for International Settlements Committee on Payments and Market Infrastructures (CPMI) co-hosted a side event titled, ‘Enhancing cross-border payments in sub-Saharan Africa: unlocking the…
![SAReserveBank's tweet image. [ICYMI] As part of the July G20 Finance Track meetings, the SA Reserve Bank and the Bank for International Settlements Committee on Payments and Market Infrastructures (CPMI) co-hosted a side event titled, ‘Enhancing cross-border payments in sub-Saharan Africa: unlocking the…](https://pbs.twimg.com/media/GwIv9YJW4AAo8Pu.jpg)
![SAReserveBank's tweet image. [ICYMI] As part of the July G20 Finance Track meetings, the SA Reserve Bank and the Bank for International Settlements Committee on Payments and Market Infrastructures (CPMI) co-hosted a side event titled, ‘Enhancing cross-border payments in sub-Saharan Africa: unlocking the…](https://pbs.twimg.com/media/GwIv9YwXoAAuMf-.jpg)
![SAReserveBank's tweet image. [ICYMI] As part of the July G20 Finance Track meetings, the SA Reserve Bank and the Bank for International Settlements Committee on Payments and Market Infrastructures (CPMI) co-hosted a side event titled, ‘Enhancing cross-border payments in sub-Saharan Africa: unlocking the…](https://pbs.twimg.com/media/GwIv9ZxXIAE0D3_.jpg)
![SAReserveBank's tweet image. [ICYMI] As part of the July G20 Finance Track meetings, the SA Reserve Bank and the Bank for International Settlements Committee on Payments and Market Infrastructures (CPMI) co-hosted a side event titled, ‘Enhancing cross-border payments in sub-Saharan Africa: unlocking the…](https://pbs.twimg.com/media/GwIv9YkXMAAoasS.jpg)