[ICYMI] The SA Reserve Bank has announced that theย Johannesburg Interbank Average Rate (Jibar) will be permanently discontinued immediately after its final publication on 31 December 2026.ย
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The transition from Jibar to theย South African Rand Overnight Index Average (ZARONIA) marks the most significant reform of the countryโs financial markets in decades.
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Read the full statement here: https://t.co/9lW0oQTxLk
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The announcement was made at the 2025 Market Practitioners Group Conference, underway in Johannesburg today.ย
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Watch the conference here: https://t.co/hB51t7Tkqi
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#JibarTransition #ZARONIA #MPG2025
Yella Shabab! Confidence , Resilience, Hardwork,Tactical Discipline and Teamwork .
Lets put our combination play, lots of teams struggle to stop us.
Shika , Lion of Juddah you have the extensive experience and leadership of playing these big games. Asiyeni Bafowethu!. ๐ช๐ฟ๐ฟ๐ฆโค๏ธ
Rest in Peace Prof. Dan Ntate Kgwadi, former Vice - Chancellor of the @theNWU (North-West University)- credited with restructuring the NWU from a pseudo-federal institution to a unitary institution, and VCof the Vaal University of Technology (VUT)