The Bank continues to take a strong leadership role in the Committee of Central Bank Governors (CCBG) in SADC. In its role as leader of the SADC Payment System Project and under the auspices of the CCBG, the Bank has continued to facilitate the modernisation and harmonisation of the SADC regional payment, clearing and settlement systems.
If this appears to be happening, the central bank's discussion might encourage policy adjustment to remove the distortions or encourage prudential regulators and supervisors to more closely monitor the financial institutions they supervise. Large run-ups in prices of assets such as houses present serious challenges to central bankers.