South African Reserve Bank (for economic aspects)

The South African Reserve Bank (SARB) is the country’s central bank, responsible for managing South Africa's monetary policy to maintain economic stability. It controls inflation, oversees the money supply, and manages interest rates to support sustainable growth. SARB also issues the national currency, the rand, and monitors banking institutions to ensure a healthy financial system. Its primary goal is to keep prices stable, which helps maintain confidence in the economy and encourages investment. By balancing these responsibilities, the SARB plays a key role in fostering a stable and secure economic environment in South Africa.