Reserve Bank remains vigilant for ‘improbable but not impossible’ grid collapse

The Sarb released its Financial Stability Review amid the escalation of load-shedding in the past week

29 November 2023 - 17:21

South African Reserve Bank (Sarb) senior economist Herco Steyn says the central bank and the Financial Sector Contingency Forum (FSCF) were planning the “improbable but not impossible”, scenario of a complete national electricity grid shutdown or another potential systemic event...

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