The mandate of the South African Reserve Bank (SARB) is derived from the South African Reserve Bank Act 90 of 1989. This Act outlines the responsibilities and roles of the SARB, including the primary aim of ensuring price stability in the interest of balanced and sustainable economic growth in South Africa. While the Constitution of South Africa does encompass broader governance principles, the specific mandate of the SARB is established through this legislation.
The mandate of the South African Reserve Bank is derived from:
Constitution of South Africa, 1996
The voters of South Africa above 18 years.
Currency and Banking Act 31/1920
South African Reserve Bank Act 90/1989.
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