Have Your Say: The South African Reserve Bank Amendment Bill [B26 – 2018]
The Standing Committee on Finance invites stakeholders and interested parties to submit written submissions on the South African Reserve Bank Amendment Bill [B26 – 2018]. The bill wishes to:
- Amend the South African Reserve Bank Act, 1989, so as to delete certain definitions; to insert a definition;
- to provide for the appointment of certain Board directors by the Minister;
- to provide for the tenure of office of appointed directors;
- to deal with the filling of casual vacancies for appointed directors;
- to make the State the sole holder of the shares in the Bank;
- to repeal certain sections;
- to give the Minister the power to appoint auditors of the Bank;
- to give the Minister the power to make regulations relating to the appointment of appointed directors; and to provide for matters connected therewith.
Public hearings will be held on the Zoom Virtual Platform on Wednesday, 02 July 2025.
Parties who wish to make oral submissions at the public hearings on Wednesday, 02 July 2025 should specifically request this.
Written submissions and the indication to make an oral submission must be received by no later than 12:00 on Monday, 30 June 2025.
Submissions must be directed to the Committee Secretaries of the Standing Committee on Finance, Ms Teboho Sepanya and Mr Allen Wicomb, 12th Floor, 90 Plein Street, Cape Town, 8000 or tsepanya@parliament.gov.za or awicomb@parliament.gov.za tel no (021) 403-3738 or (021)403-3759
Copies of the Bill will also be available at www.parliament.gov.za.
Issued by Hon. M J Maswanganyi, MP, Chairperson: Standing Committee on Finance (NA)
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