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South African Reserve Bank

1921 establishments in South AfricaBanks established in 1921Banks of South AfricaCentral banksEngvarB from May 2018
Financial regulatory authorities of South Africa

The South African Reserve Bank (SARB) is the central bank of South Africa. It was established in 1921 after Parliament passed an act, the "Currency and Bank Act of 10 August 1920", as a direct result of the abnormal monetary and financial conditions which World War I had brought. The SARB was only the fourth central bank established outside the United Kingdom and Europe, the others being the United States, Japan and Java. The earliest suggestions for the establishment of the Central Bank in South Africa date back to 1879. A select committee, consisting of ten members of Parliament, was established on 31 March 1920 to examine the benefits to the national interest of the establishing of the central bank.Following on the recommendations of the committee, the South African Reserve Bank opened for business on 30 June 1921, making it the oldest central bank in Africa. The first banknotes were issued to the public by the Bank on 19 April 1922. Set of ZAR notes 2012 to present R 104 000 000 000.00 and Set of ZAR notes 2018 to present 400 000 000 print. Unlike the Bank of England, which provided the model for establishing the SARB, the SARB is privately owned.

Excerpt from the Wikipedia article South African Reserve Bank (License: CC BY-SA 3.0, Authors).

South African Reserve Bank
Helen Joseph Street, Pretoria Tshwane Ward 58

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Geographical coordinates (GPS)

Latitude Longitude
N -25.745277777778 ° E 28.196111111111 °
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South African Reserve Bank

Helen Joseph Street 370
0002 Pretoria, Tshwane Ward 58
Gauteng, South Africa
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call+27123133911

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Staats Model School
Staats Model School

The Staats Model School is situated on the corner of Lilian Ngoyi (previously Van der Walt) and Nana Sita (previously Skinner) Streets in Pretoria, Gauteng Province, Republic of South Africa. It originated from a school established in 1893 to train teachers in the Zuid Afrikaansche Republik, or ZAR. Alfred Fernandez Harington was appointed English master on 1 October 1895. Sytze Wierda, chief architect of the ZAR, designed the building in 1895, and its construction was completed by Te Groen in 1896. The structure consists of brick and Stinkwater sandstone and adheres to the Neo Dutch Renaissance school of architecture. On 11 October 1899 the school closed as a result of the outbreak of the Anglo-Boer War. During the war the building functioned as a hospital for Boer soldiers and as a prison for British officers. The escape of Winston Churchill, war correspondent and later British prime minister, from the building has become legend. The school regained some life from 1901 as Pretoria High School, and from 1902 to 1909 as the Pretoria College for Boys, which later became Pretoria Boys High School. In 1910 the college moved to larger premises and the Staats Model School building housed several other schools after that, including, in 1946, the ‘Hamilton Primary School’ (Robert Hamilton was a well-known businessman and benefactor of the school). The Library Services of the Transvaal Education Department, or TED, moved in during 1951. The building was declared a national monument on 8 April 1960.