The SADC-RTGS ISO20022 Migration Go Live count down to 10 June 2024. Becoming part of the global community of richer, better-quality data in payment processing and settlements.

“Ensuring the safety, integrity, efficiency, and stability of the SADC-RTGS Payment System'

SA has a deposit insurance scheme designed to protect the most vulnerable depositors in our country. Deposit insurance schemes promote financial stability. Learn more about the Corporation for Deposit Insurance ( #CODI ) at resbank.co.za/CODI #FinancialSafetyNet

SA has a deposit insurance scheme designed to protect the most vulnerable depositors in our country. Deposit insurance schemes promote financial stability. Learn more about the Corporation for Deposit Insurance ( #CODI ) at resbank.co.za/CODI #FinancialSafetyNet

Chart of the week on airport passenger traffic

South Africa is one of only about 100 countries in the world that has a deposit insurance scheme, protecting 9 out of 10 qualifying depositors with accounts in qualifying products, further enhancing the country’s financial sector safety net. #CODI , SA’s Deposit Insurance Scheme,…

Governor Lesetja Kganyago paid tribute to Dr. Sam Motsuenyane during his memorial service held yesterday. To read, click here: bit.ly/3UAe7x8

South Africa is one of only about 100 countries in the world that has a deposit insurance scheme, protecting 9 out of 10 qualifying depositors with accounts in qualifying products, further enhancing the country’s financial sector safety net. #CODI , SA’s Deposit Insurance Scheme,…

The Market Practitioners Group (MPG) has published an ‘update on the Johannesburg Interbank Average Rate (Jibar) transition plan’ which outlines the roadmap for increasing the use of the South African Rand Overnight Index Average (ZARONIA) in financial markets and transitioning…

Governor Lesetja Kganyago celebrates the life of a doyen of black business, Dr Sam Motsuenyane. Dr Motsuenyane spent his life in service of others. “His drive for success was a central tenet of every project he undertook”. The tribute is in this week’s Sunday Times.

The South African Reserve Bank (SARB) held know-your-money training for the blind and partially sighted in Bulwer, KwaZulu-Natal. Facilitated in partnership with the South African National Council for the Blind, the event was attended by the Minister for Women, Youth and People…

Chart of the week on chocolate inflation and cocoa bean prices

Thrilled that I was part of a great panel on capital flows IMF, discussing w/Gita Gopinath, Catherine L Mann, SA Reserve Bank, Banco Central BR, and Karen Tso the role of policy credibility+strong macro to bring capital flows to EM, make it work for growth!
youtube.com/watch?v=Z49WBy…

South Africa is one of only about 100 countries in the world that has a deposit insurance scheme, protecting 9 out of 10 qualifying depositors with accounts in qualifying products, further enhancing the country’s financial sector safety net. #CODI , SA’s Deposit Insurance Scheme,…

South Africa has a Deposit insurance scheme - Corporation for Deposit Insurance. #CODI protects qualifying depositors in the unlikely event of their bank failing. #CorporationforDepositInsurance #FinancialSafetyNet .
Here are 7 things you need to know about CODI:

Chart of the week on advanced economy nominal policy rates

South Africa has a Deposit insurance scheme - Corporation for Deposit Insurance. #CODI protects qualifying depositors in the unlikely event of their bank failing. #CorporationforDepositInsurance #FinancialSafetyNet .
Here are 7 things you need to know about CODI:

[In Pictures] South African Reserve Bank Governor Lesetja Kganyago and Finance Minister Enoch Godongwana launched South Africa's deposit insurance scheme, the Corporation for Deposit Insurance (CODI). #CODI is a subsidiary of the SARB and part of the country’s financial sector…

Speech by Minister of Finance, Mr. Enoch Godongwana at the launch of the Corporation for Deposit Insurance (CODI).
Read the full speech here: treasury.gov.za

South African Government

South Africa has a Deposit Insurance Scheme – the Corporation for Deposit Insurance (CODI). It became operational on 1 April 2024, protecting your money in qualifying products should your bank fail. Governor Lesetja Kganyago and Finance Minister Enoch Godongwana today officially…