Grade 11 visit the Reserve Bank

On 29 April the Grade 11 Economics class visited the South African Reserve Bank in Pretoria.

We met our host, Martha Thlali on Friday morning and were briefly shown around the building, which has its own library and gym. Thereafter we met with Dr van den Heever, Deputy Chief Economist at the Bank, and Mr Zeph Nhloko, who gave us a detailed layout of the function of the SARB in the economy, as well as its relationship with commercial bank in South Africa.

After a delicious lunch hosted by the SARB, we visited the Mint Company of South Africa where we were informed about our country’s money system. We visited the Mint museum which displays a range of interesting money-related topics and exemplars.

On Saturday morning the Grade 11’s returned home, loaded – not with pockets full of cash – but heads full of knowledge, ready to complete their assignments based on the visit to Gauteng.