The SA Reserve Bank, whose main job is to manage monetary policy, says it has begun work to understand how it can mitigate against climate change, despite this not being the usual work of the central bank.

Governor Lesetja Kganyago says in the Bank’s annual report published on Monday that “climate change will have a profound effect on SA’s economy and financial sector”...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.