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Event Brief

Sarb Proposes Major Reform to Monetary Policy

Sarb suggests replacing the prime lending rate with the repo rate for enhanced transparency in banking.
WHO: Sarb
WHAT: Proposes major reform in monetary policy
WHEN: Feb 16, 2026 at 3:00 PM ET
WHERE: South Africa
WHY: To enhance transparency and potentially lower rates
Sources (1): Daily Maverick

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