The power of the South African Reserve Bank to issue blocking orders was reviewed by the high court.

The entities involved

• high court →

  courts with higher status than some of other courts, sometimes refer to supreme court

  • The High Court disqualified Danam Nagender under the anti-defection law.Mon 14:06
  • High court rules on a tunnel project that affects the ancient monument Stonehenge.Mon 12:06
• 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

Related events

• The South African Reserve Bank issued blocking orders under Exchange Control Regulations on August 18, 2026.Aug 19
• Judge Stuart Wilson contradicted the South African Reserve Bank's recent communication, leading to heightened court tension in Johannesburg.Jul 1
• An investigation has begun into alleged exchange control circumvention involving Access Bank and Kastelo, with the South African Reserve Bank involved.Aug 17
• SARB is investigating a company that is linked to a member of the African National Congress.Aug 20
• The South African Reserve Bank is factoring in decisions made by the US Federal Reserve when setting its own interest rates, acknowledging the global influence of Fed hikes.Sep 17