Project Description

Taking a look through history, The South African Reserve Bank first opened its doors for business on June 30th, 1921, issued its first banknotes to the public on April 19th 1922 with its primary mandate being to protect the value of the currency in the interest of balanced and sustainable economic growth in the Republic. With its independence enshrined in the Constitution, the South African Reserve Bank is the oldest central bank in Africa.

As we embark on the countdown to the 100-year anniversary of the South African Reserve Bank we also celebrate 60 years of the rand, 25 years of the central bank independence and 21 years of inflation targeting.

Join Lukanyo Mnyanda, Editor of Business Day as he speaks with Governor Lesetja Kganyago about SARB’s history, its role during some of South Africa’s momentous periods including the Covid Crisis, and the outlook for policy.

Lukanyo Mnyanda

Lukanyo Mnyanda


Business Day

Governor Lesetja Kganyago South African Reserve Bank

Governor Lesetja Kganyago

The South African Reserve Bank