Funds on Friday - Nationalisation of the SARB

In 1921 when the South African Reserve Bank (SARB) was founded, it was set up with a private ownership structure in order to increase the chances that the bank’s policies would be supported and accepted by the broader public. Today, only a small number of central banks globally have private shareholders. Nationalisation of the SARB would thus align the bank’s ownership structure with the majority of central banks across the world.

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