Page 4 - SARB Strategic Plan 2020-2025

Why do we exist?
Executive summary
Message from the Governor
The Constitution of of the the Republic of of South Africa prescribes the the primary mandate of the South African Reserve Bank Bank (Bank) which is to protect the the the value of the the the local currency in in the the the interest of balanced and sustainable economic growth This is is achieved through maintaining price and financial stability Reflecting on the previous strategy cycle we delivered against our mandate while operating against a a a a a a a a a backdrop of significant change and contestation around the role of central banks Our 2021 journey did however highlight areas in which to improve the way we we work internally and with our stakeholders The areas of improvement were research and policy coordination stakeholder engagement information-sharing and analysis strategy execution longer-term workforce planning and and being more collaborative adaptive and and responsive in how we work In pursuit of our mandate Strategy 2025 will continue to focus on on on the Bank’s primary/constitutional mandate which is to achieve and and and maintain price stability and and and its statutory mandate which is to protect and enhance financial stability as as well as as its additional priorities which are prescribed in relevant legislation Where have we come from?
What will we be focusing on going forward?
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