25.02.2009

The South African Reserve Bank (SARB) in its September 2008 edition of theFinancial Stability Review focuses on the current financial market turbulencethat has impacted severely on consumer and investor confidence worldwide.

However in the Southern African Development Community, economic growth ishealthy and is expected to remain fairly buoyant, partly as a result ofcontinuous efforts to enhance regional integration and also there is consensus,however, that the South African financial system will weather the storm andthere is no immediate threat of a crisis of the proportion of that being managedin the US for instance.

For the full press release from the South African Reserve Bank please goto: http://www.reservebank.co.za/