Work Integrated Learnership Programme at The South African Reserve Bank (SARB)
Work Integrated Learnership Programme at The South African Reserve Bank (SARB)
DEADLINE: 08 May 2025
The South African Reserve Bank (SARB), in collaboration with the South African Bank Note Company (RF) Proprietary Limited (SABN), actively contributes to addressing the country’s skills shortage in the technical and engineering fields through its Work Integrated Learning Programme (WILP).
WILP is an internship and apprenticeship programme aimed at giving successful applicants maximum training exposure within the technical and engineering fields available within the SARB and its banknote-producing subsidiary, the SABN, preparing them for their trade test and national diploma.
Programme structure
Participants will be placed at the SARB’s Head Office in Pretoria, the SABN in Pretoria North, and the SARB,cash centres located in Cape Town, Durban and Johannesburg. Participants will receive a work-based learning stipend for the duration of the programme.
Requirements
Participants will consist of the following groups:
- Artisan: learners from Further Education and Training Colleges with at least an N4 certificate requiring 36 months of practical work experience to obtain an occupational trade qualification or a trade test. The disciplines that will be considered are Electrical, Electronics, Mechanical, Plumbing, HVAC and Carpentry.
- Technician: learners from Universities of Technology with at least an S4 who require 12 months of practical work experience as a requirement to complete their national diplomas. The disciplines that will be considered are Electrical and Mechanical Engineering.
If you are a South African citizen and meet the above mentioned requirements, you are welcome to apply.
What they do
Monetary Policy
The Constitution gives the SARB the mandate to protect the value of the rand. We use interest rates to keep inflation low and steady.
Financial Stability
The SARB has a mandate to protect and enhance financial stability. We identify and mitigate systemic risks that might disrupt the financial system.
Prudential Regulation
The Prudential Authority regulates financial institutions and market infrastructures to promote and enhance their safety and soundness, and support financial stability.
Financial Markets
Open market operations are the main tool we use to implement monetary policy. We manage South Africa’s gold and foreign exchange reserves.
Financial Surveillance
The SARB is responsible for regulating cross-border transactions, preventing the abuse of the financial system and supporting the regulation of financial institutions.
Payments and Settlements
The SARB is responsible for ensuring the safety and soundness of the national payment system, which is the backbone of South Africa’s modern financial system.
Statistics
The SARB provides important economic and financial statistics that present an overview of the economic situation in South Africa.
Research
Research conducted by the SARB focuses on economics, financial stability, banking and emerging trends in finance. Our research supports policy decision-making
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