We live in a changing world. In the past, we were worried with people standing by the roadside at night to steal from us, today thieves have become sophisticated and are in white collar, robbing us in broad day light and often these acts are perpetrated by those we trust and in position.
Closer to home, the SARB also engages with the central banks of Lesotho, Namibia and Swaziland, who together with South Africa are members of the CMA. The central bank governors of the CMA meet three times a year to discuss economic developments in their respective countries as well as other issues related to crossborder spillover effects among CMA members.