Sarb bill passes in parliament’s lower house

sarb

South African parliament's lower house on Tuesday approved a bill of amendments to the law governing the South African Reserve Bank (Sarb) that the central bank has been pushing for since early May.

The amendments strengthen the Sarb's hand against attack from some of its shareholders. A handful of investors have attempted to profiteer from their holdings, either by forcing higher dividends than the fixed ten cents per share per annum, or by attempting to force liquidation of the central bank, w

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: