sarb

  1. Luis

    SARB to open the national payment system for non-banking entities

    SARB to open the national payment system for non-banking entities Several of South Africa's incumbent banks are optimistic about the incoming participation of non-banking entities in the country's payments system. The South African Reserve Bank (SARB) is planning to open the National Payment...
  3. TrueSeeker

    'I wrote the resolution': ANC economic policy head denies call to change SARB mandate

    https://www.fin24.com/Economy/i-wrote-the-resolution-anc-economic-policy-head-denies-call-to-change-sarb-mandate-20190607 According to to this News24 Ace Magashule has tweeted the actual resolution to clear up any misunderstandings. The parts I don't understand is why he said something...
  4. J

    SARB will not bail out Eskom

    SARB will not bail out Eskom South Africa’s central bank won’t bail out the country’s troubled state-owned companies including power utility Eskom Holdings SOC Ltd. because it would fuel inflation, Governor Lesetja Kganyago said. Speaking in interview Tuesday hours before the ruling African...
  5. J

    SARB to experiment with digital rand in 2019

    SARB to experiment with digital rand in 2019 The SA Reserve Bank (SARB) has released a statement on its position regarding a electronic legal tender in South Africa. The SARB issued an Expression of Interest document last week which outlined its examination of the use of digital currency, and...
  6. J

    SARB wins award for best distributed ledger initiative

    SARB wins award for best distributed ledger initiative Project Khokha, the distributed ledger project developed by the South African Reserve Bank (SARB), has received the "Best Distributed Ledger Initiative" award from Central Banking Publications. The SARB accepted the inaugural award at a...
  7. J

    How the SA Reserve Bank’s Ethereum project works

    How the SA Reserve Bank’s Ethereum project works The South African Reserve Bank recently concluded a pilot project called Project Khokha, in which eight banks tested an Ethereum-based interbank payments platform. Currently, the SARB runs a system called the South African Multiple Option...
  8. J

    South African Reserve Bank blockchain project a huge success

    South African Reserve Bank blockchain project a huge success The South African Reserve Bank (SARB) has released the results of Project Khoka, a proof-of-concept settlement platform based on distributed ledger technology (DLT). With ConsenSys as its technical partner, the goal of the...
  9. J

    SARB defines cryptocurrencies as tokens, not money

    SARB defines cryptocurrencies as tokens, not money South Africa’s central bank chooses to call digital currencies such as Bitcoin “cyber-tokens” because they don’t meet the requirements to be classified as money. “We don’t use the term ‘cryptocurrency’ because it doesn’t meet the...
  10. Kevin Lancaster

    Shuttleworth levy decision should have been made by government minister

    Shuttleworth levy decision should have been made by government minister The decision whether to reverse an exit charge on Mark Shuttleworth’s capital transfer out of South Africa should have rested with the finance minister and not the SARB
  11. rpm

    Mark Shuttleworth wins R250 million legal battle again SARB

    Mark Shuttleworth wins R250 million legal battle again SARB South African IT billionaire Mark Shuttleworth has succeeded in his R250 million court battle against the South African Reserve Bank (Sarb).
  12. QuintonB

    Warning: new SA bank notes are defective

    New SA bank notes defective: report An important security feature on the new Mandela banknotes has been found to be defective, the Sunday Times reported on Sunday.
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