South African Reserve Bank
At 150 metres (492 feet), the tallest building in Pretoria is home to the South African Reserve Bank and has 38 floors. It was built between 1986 and 1988 and was the first flush-glazed glass tower block in the Southern Hemisphere. The project was awarded the South African Institute of Architects’ Merit Award in 1989 and the South African Property Owners Association’s Building Merit Award in 1988. Visitors are not allowed inside, but there is a square out front with fountains and terraces from which to admire the building.
The South African Reserve Bank is the central bank of the Republic of South Africa. The primary purpose of the Bank is to achieve and maintain price stability in the interest of balanced and sustainable economic growth in South Africa. Together with other institutions, it also plays a pivotal role in ensuring financial stability.
The Reserve Bank is responsible for:
- formulating and implementing monetary policy;
- issuing banknotes and coin;
- supervising the banking sector;
- ensuring the effective functioning of the national payment system;
- managing official gold and foreign-exchange reserves;
- acting as banker to the government;
- administering the country’s remaining exchange controls;
- acting as lender of the last resort in exceptional circumstances.
Monday – Friday:
7:30 – 17:00
370 Helen Joseph Street, Pretoria Central Pretoria
012 313 3911
Sources:
The Culture Trip
South African Reserve Bank