The SA Reserve Bank has entered into partnership with the University of Cape Town (UCT) to host the research chair in financial stability studies. Professor Co-Pierre Georg will chair the portfolio, which will be housed within the African Institute of Financial Markets and Risk Management, an interdisciplinary research institute within UCT’s commerce faculty. The faculty focuses on risk management, financial mathematics and financial technology. The Bank said in a statement on Tuesday that its decision to establish a chair in financial stability studies was aligned with the expansion of its price-stability mandate to include a financial stability objective and responsibility. “SA’s academic offering in this area is limited and research on financial stability is still in its infancy compared to monetary policy. Expanding capacity and an enhanced understanding of financial stability in the country is crucial to the execution of the SA Reserve Bank’s financial stability mandate,” the s...

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