An agreement was reached involving the South African Reserve Bank and the National Treasury, setting a three-year window for affected depositors.

The entities involved

• National Treasury →

  treasury of South Africa

  • War in Middle East disrupts world economySun 22:11
  • The provincial government in North West collaborates with National Treasury on grant management and compliance issues.Sun 08:40
• First National Bank →

  bank of South Africa

  Nothing else this week.

• South African Reserve Bank →

  central bank

  • The South African Reserve Bank Governor announced a policy rate increase amid global supply chain disruptions and war-driven inflation.Mon 08:35
  • The South African Reserve Bank (SARB) operates as a central bank in South Africa, and Lesetja Kganyago serves as its Governor.Fri 23:43