en.wikipedia.org/wiki/South_African_Reserve_Bank
2 corrections found
6.75%
This interest-rate figure is out of date. The South African Reserve Bank's official policy rate was raised to 7% effective 29 May 2026.
Full reasoning
The page presents 6.75% as the SARB's current bank/policy rate, but the SARB's own May 2026 Monetary Policy Committee statement says the committee increased the policy rate by 25 basis points to 7%, effective from 29 May 2026. The same official page also shows "Current SARB Policy Rate (SPR) 7%". So the 6.75% figure is no longer correct.
1 source
- Statement of the Monetary Policy Committee May 2026
Current SARB Policy Rate (SPR) 7% ... the committee decided to increase the policy rate by 25 basis points, to 7%, effective from 29 May.
Currently there are 696 shareholders, as of the shareholders index report of 31 August 2018, owning shares in the South African Reserve Bank.
This shareholder count is outdated. The SARB says it has more than 800 shareholders today, not 696.
Full reasoning
The sentence says "Currently there are 696 shareholders", but the South African Reserve Bank's official shareholder-information page now states that the SARB has just over 800 shareholders and that today it has more than 800 shareholders. That directly contradicts the article's present-tense claim that there are currently 696 shareholders.
1 source
- Shareholder Information
The SARB has just over 800 shareholders. ... Today it has more than 800 shareholders and its shares are traded on an over-the-counter share transfer facility (OTCSTF) market coordinated within the Bank.