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South African Reserve Bank
Monetary Policy Committee
Schools Challenge

Monetary Policy Committee Schools Challenge 

Welcome to the South African Reserve Bank Monetary Policy Committee (MPC) Challenge – a school competition which the Reserve Bank is running in partnership with the Department of Education.
The Challenge is an exciting opportunity for Grade 12 learners who are passionate about Economics to look into just a few of the things that the Bank needs to consider when it sets the country’s repurchase (repo rate) – a rate which affects every single person, business and organisation in the country and which is decided by the Bank’s Monetary Policy Committee every two months.
Schools participating in the Challenge have a chance to step into the shoes of the Reserve Bank’s Monetary Policy Committee and, using Reserve Bank data, to analyse whether South Africa’s repo rate should go up, go down (and by what amount) or stay constant.
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