In addition to reviewing its capital flow measures framework, South Africa is continuously pursuing efforts to further modernise its regulatory framework through reforms in its financial regulatory and supervisory architecture. In 2016, the South African Reserve Bank published, as part of its financial stability mandate, a proposed macroprudential policy framework for the South African financial system and its regulated entities.
The bank has recently partnered with Agribusiness Initiative (aBi) Trust, whose primary objective is strengthening the competitiveness of Uganda’s agricultural and agro-processing sector through improved performance of value chains. This is a clear demonstration that the Board of Directors and Senior Management of Tropical Bank are committed to contributing to one of the nation’s strategic development priorities; the modernization of agriculture.