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    Nat Quinn
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    Here are the true owners of the South African Reserve Bank

    The South African Reserve Bank (SARB) has 830 shareholders, with a small group owning 10,000 shares each.

    This was revealed in the Reserve Bank’s latest annual report, which provided details about the central bank’s operations.

    The SARB is an independent institution, with its independence protected by the South African Constitution.

    It is free to use any monetary policy tools it deems necessary to achieve its goals. However, the government chooses the goals.

    The central bank consults regularly with the finance minister, and the government also monitors its performance in achieving its goals.

    In recent years, the Reserve Bank’s independence has come under pressure after it tightened monetary policy to combat inflation.

    Many politicians argued that the Reserve Bank should be nationalised and that the government should take over monetary policy.

    However, former Deputy Governor of the Reserve Bank, Kuben Naidoo, said nationalising the Reserve Bank would not affect South Africa’s monetary policy.

    He highlighted that the bank’s ownership does not impact its mandate, policy stance, or makeup.

    It raises the question on who owns the South African Reserve Bank and what their influence is on the institution.

    The Reserve Bank’s annual report for the last financial year revealed that it had 830 shareholders on 31 March 2024.

    The shareholders have no rights or involvement in determining monetary policy, financial stability policy, or the regulation and supervision of the financial sector.

    Their rights are limited to the following activities conducted at the SARB’s AGM:

    • Considering the SARB’s annual financial statements.

    • Electing seven of the board’s non-executive directors, as and when vacancies arise.

    • Appointing the external auditors and approving their remuneration.

    SARB shares are traded in an over-the-counter (OTC) share-trading facility managed by the organisation.

    While some foreigners still hold shares, only South African shareholders are entitled to vote at the AGM.

    Shareholders are allowed one vote for every 200 shares held. The SARB Act restricts shareholders to owning no more than 10,000 shares.

    The South African Reserve Bank’s shareholders

    The South African Reserve Bank used publish its Shareholder Index, a database of all its shareholders and their shareholding, on its website.

    However, due to requirements under the Protection of Personal Information (POPI) Act, it can no longer publish its shareholder register on its website.

    People who want to see the SARB’s shareholders can request access to view the register in person at its premises with its Group Secretariat.

    “Please note that, again, due to these requirements, anyone viewing the register may not take pictures, electronic copies, or physical copies out of the building,” it said.

    The good news is that the SARB Shareholder Index database as of 30 June 2022 is still available and gives a good overview of the bank’s shareholders.

    The South African Reserve Bank’s shareholding seldom changes, and most shareholders keep their shares for decades.

    The register shows that the South African Reserve Bank’s shareholders are mostly South African businesses and individuals.

    However, shareholders also come from Norway, Switzerland, Germany, the United Kingdom, France, Australia, and Canada.

    Namibia, Zimbabwe, Greece, Denmark, India, and the United States of America are other countries on the shareholder list.

    Prominent South African companies which hold 10,000 shares in the South African Reserve Bank include Absa, Discovery, Firstrand, Standard Bank, and Anglo American.

    Companies which own less than 10,000 shares include Bidvest Bank, Agri South Africa, and ArcelorMittal South Africa Pension Fund.

    There are also a few prominent names on the shareholder list, including the Anton Rupert Trust, J P Landman Trust, and Dawie Roodt.

    The full table of SARB Shareholders is provided below, with their slice of the bank’s 2 million shares.

    First Surname Title Initials Area Shares
    Abrey Ms L A FISH HOEK 5 000
    ABSA Bank Limited JOHANNESBURG 10 000
    Adams Mrs J PRETORIA 500
    Addyman Mr N K Meerensee 600
    Adjodia Mr S BRYANSTON 100
    Administrators of the Rupert Ponton Trust CAPE TOWN 400
    Agri South Africa CENTURION 1 000
    Ahmed Mr A LENASIA 10 000
    Ahmed Mr T A Kabega 100
    Alfsen Mr A A M Oslo 10 000
    Alme Dr R N JAR 9 000
    Ambuehl-Conti Ms A C S Berne 200
    Anderson Mr K O SOMERSET WEST 600
    Andrag Mrs C M Tamboerskloof 300
    Anley Ms J M 5 000
    Anton Rupert Trust STELLENBOSCH 200
    Arcelormittal South Africa Pension Fund HIGHVELD PARK 1 000
    Arendse Mr H C Goodwood 10
    Argen Precious Metal Industries (Pty) Limited EDENVALE 1 000
    Atterbury Mr T PRETORIA NORTH 10 000
    Austin Mr I T RIVERCLUB 2 000
    Aylward Mr F J RIETFONTEIN 300
    Baartman Ms D M Scarborough 10
    Bagshawe Mr D E Ferndale 2 000
    Baker Mr N W PRETORIA 11
    Baldwin Mrs C A BRAKPAN 6 500
    Balkin Mr I C SAXONWOLD 5 000
    Baloyi Mr C G LETABA 650
    Baloyi Mrs G LETABA 500
    Bam Mrs S F WATERKLOOF RIDGE 100
    Banducci Mr C L Morningside 10 000
    Banducci Mr L L SUNNINGHILL 10 000
    Barclay Mr R Murrayfield 500
    Bareiss Mr A C FLORIDA 200
    Barit Dr L DIE TREMLOODS 10 000
    Barnett Mrs J M Green Point 10 000
    Barton Mrs R M Bollington, Cheshire 600
    Bates Mr F A J GEZINA 125
    Bates Mrs L PRETORIA 150
    Bauer Mrs A M SOMERSET WEST 6 016
    Beck Mr J De La H ILLOVO 500
    Beckenstrater Master G J TOKAI 10 000
    Beckenstrater Mr M P STEENBERG 10 000
    Beckenstrater Mrs P H BRYANSTON 10 000
    Bedford Mr AW CLAREMONT 5 000
    Bellairs Miss N A M FISH HOEK 100
    Belle Mr L Illovo 250
    Beluga Trust Campsbay 10 000
    Benade Mr K CLAREMONT 200
    Berg Dr E Lynnwood 50
    Estate Late FE Bester Pretoria 260
    Betz Dr W Neuendettelsau 400
    Bida Investment and Resources Management CC Sirs HONEYDEW 500
    Bidvest Bank Limited JOHANNESBURG 500
    Billmeier Dr A LONDON 100
    Blake Mr R G NORTHRIDING 100
    Blyth Mr D F Fynnland 2 500
    Blyth Mr R G K Pinelands 2 500
    Bonthuys Mr E R CAPE TOWN 50
    Bonthuys Mr J W L PIETERSBURG 50
    Booysen Mr S CAPE TOWN 250
    Bosch Ms B M D V G SUNNYSIDE 67
    Bosch Mrs N NYLSTROOM 150
    Boshoff Mr H F V MATIELAND 100
    Botha Dr D J GROENKLOOF 900
    Botha Prof D J J LYNNWOOD 45
    Botha Mr H W Summerstrand 100
    Botha Mr J H ALBERTON 100
    Bothaville District Farmers Union BOTHAVILLE 1 000
    Botnen Mr L Vestby 10 000
    Bowkers Mrs J Oakdale 10 000
    Brand Mr E KOMMETJIE 200
    Brand Mrs H M KOMMETJIE 200
    Brevis Mr J G GARSFONTEIN EAST 500
    Brink Mr D V W WYNBERG 1 300
    Brown Mr A A WHITE RIVER 200
    Brown Mrs A M LYNEDOCH 10
    Brown Mr E EDENVALE 200
    Brown Mr M F CRESTA 200
    Butcher Mr B R DURBAN 300
    Cameron Ms L D CAPE TOWN 10 000
    Cameron Mrs M H NEWCASTLE 200
    Campbell Mr IMH UMDLOTI BEACH 1 000
    Cape Mr T Dowerglen 200
    Capital Equity SME (Pty)Ltd DURBAN NORTH 3 400
    Carrim Mr M F PRETORIA 100
    Cass Mr B A BALGOWAN 3 450
    Cass Mr C M HILLCREST 400
    Casteleijn Mrs A E Waterkloof Ridge Ext 2 1 000
    Casteleijn Mr A J H Waterkloof Ridge Ext 2 100
    Cattell:  Trustee of the Brenda Cattell Trust Mrs H J CLAREMONT 150
    CD Family Trust GLENSTANTIA 2 250
    Charton Ms DA De La H CONSTANTIA 500
    Cherangani Trade and Investment 102 Pty Ltd HARTSWATER 10 000
    Chibvongodze Mr T SANDTON 200
    Chorn Mrs H H ORANJEZICHT 10 000
    Clark Mrs J Oslo 9 500
    Clegg Mrs M ROCHDALE 1 200
    Coertzen Mr P N J PIET RETIEF 100
    Coetzee Mr A B BLOEMFONTEIN 60
    Coetzee Mr E L FAERIE GLEN 60
    Coetzee Mr J H LEPHALALE 4 500
    Coetzee Mrs S STELLENBOSCH 500
    Cohen Mr M B DOORNFONTEIN 100
    Cohen Mr M J RIVONIA 10 000
    Colburn Dr A R H Groenkloof 1 000
    Collingwood Mr C J BOTHAS HILL 1 000
    Comfort Investments (Pty) Limited CRESTA 10 000
    Compagnoni Mrs P A BEDFORDVIEW 400
    Cook Mr J M Constantia 1 000
    Cooke Mr J B HARARE 1 000
    Cotterell Mrs R D J Berea 200
    Cousins Mrs P J NORTHDENE 400
    Crocodile Valley Provident Fund NELSPRUIT 10 000
    Cronje Mr AJ WESTERN CAPE 10 000
    Crosbie Mrs C WALMER 200
    Cross Mr J H Waterkloof 10
    Cuevas Camarillo Mr A Hatfield 200
    Cunningham Dr K KENILWORTH 3 000
    Currin Mr H P PRETORIA 400
    Daniels Mr B A RANDFONTEIN 10 000
    Danvers Mr B J Hunters Home 10
    Datablend Limited Milford, SURREY 3 000
    Davey Mrs E R LYTTELTON 150
    Davis Ms L S Sunninghill 100
    Davis Mr S KNYSNA 100
    De Jager Mr D C ROGGEBAAI 1 166
    de Klerk Mr C V HATFIELD 100
    de Kock Mr G P C LYNNWOOD 10
    de Kock Mrs H FAERIE GLEN 784
    de Kock Mrs J H Higgovale 5 500
    de Kock Mr R D WESTVILLE 100
    de Swardt Dr C J HERMANUS 200
    de Villiers Mr E BETHULIE 100
    de Villiers Mr A HARTBEESPOORT 100
    de Wet Mr P R Westdene 10
    de Witt Mr P AUCKLAND PARK 84
    Deco Mr J CAPE TOWN 8 550
    Deetlefs Mr I ZIMBALI 1 000
    Denholm Mr P A Delville 100
    Dettmer Mrs J P Pinetown 2 200
    Dhawraj Mr R Foresthaven 9 080
    Diamond Miss C CLAREMONT 8 050
    Dinkel Mr H GERMANY 10 000
    Discovery Limited SANDTON 10 000
    Dixon Mrs S J HOUT BAY 9 250
    D’Jaer Mrs S RANT EN DAL 200
    Donald Andrew Guthrie & Michael Ross Butcher &
    Walter Murray Butcher
    DURBAN 300
    Donnelly Ms L S AUCKLAND PARK 250
    Douglas Smollan Holdings (Pty) Limited RAEDENE 10 000
    Downard Mr C R HILLCREST 2 200
    Dromokaition Mental Hospital GREECE 600
    Du Plooy Dr R M SOMERSET WEST 1 200
    Du Pont Mr P J GARSFONTEIN 300
    Du Preez Mr D C B LUTZVILLE 10 000
    Du Preez Ms M WAPADRAND 100
    Duck Mrs M A WESTVILLE 100
    Duerr Mr M Schliersee 10 000
    Duffell Mr A P FISH HOEK 38
    Duffell Mr W G SUNNYDALE 38
    Duma Mr P T TSHWANE CENTRAL 1 000
    Duma Mr S D BOKSBURG 4 000
    Dunnington Mr G C HOUGHTON ESTATE 200
    Dunwoody Ms G J DURBAN 1 250
    Duvenage Dr A SOMERSET WEST 100
    Dyson Mr TRG BUCKINGHAMSHIRE 100
    Dyssell Mr B CAMPS BAY 450
    E & I Plastics (Pty) Limited PLETTENBERG BAY 10 000
    Eales Mrs J M F WATERKLOOF 1 871
    Eastman Mrs M A Blairgowrie 10 000
    Eastreach Investments Pty Ltd CLAREMONT 3 333
    Edelston Mr J K LANSERIA 100
    Ellis Mr A PRETORIA 200
    Elza Trust BEDFORDVIEW 350
    Estate Late Herr LG CAPE TOWN 10 000
    Estate Late Anthony Leatherland Bryant QUEENSTOWN 500
    Estate Late C M Dreyer PRETORIA 500
    Estate Late Carel Nicolaus Van der Merwe HENNOPSMEER 44
    Estate Late Claudia May Kelly PRETORIA 200
    Estate Late Doreen Walker Bell HARARE 2 960
    Estate Late Edith Vaughan Williams HAYWARD 800
    Estate Late Esther Freedman PRETORIA 1 700
    Estate Late Francois De Mareuil Cilliers SUNNYSIDE 5
    Estate Late Francois Petrus Viljoen PRETORIA 3 650
    Estate Late H F Beckenstrater SOMERSET WEST 10 000
    Estate Late Isabella Moffat Broomlands, Irvine 100
    Estate Late Joan Knox SANDTON 100
    Estate Late Kahle Barend Nobadula DAVEYTON 500
    Estate Late M M K Stormont GRAHAMSTOWN 2 500
    Estate Late May Dorling DURBAN 250
    Estate Late P J C Buys SYMRIDGE 200
    Estate Late Robert McClelland BLOUBERGSTRAND 500
    Estate Late W G P Penberthy CAPE TOWN 200
    Executors of the Late Miss Mable Rankin PRETORIA 300
    Estate Late Constance Ann Moggridge PIETERMARITZBURG 2 666
    Estate Late GJ Rudolph SANTON CITY 3 000
    Estate Late Thornton Jeffrey DURBAN 10 000
    Faasen Mr M WONDERBOOM 3 500
    Feinauer Mrs W BELLVILLE 2 000
    Ferguson Mr C G Parktown North 400
    Fillery Mrs P J KYALAMI 600
    First National Nominees (Pty ) Limited JOHANNESBURG 10 000
    Firstrand Bank Limited BENMORE 10 000
    Fitzgerald Mrs H HILTON 1 000
    Fleming Mrs J M POLOKWANE 500
    Folotsi Mr TV North West 40
    Fondse Mr A R GROENKLOOF 200
    Fourie Mr J N L COLBYN 200
    Fourie Ms N B SUNNINGHILL GARDENS 100
    Fourie Ms N J S Aston Manor 100
    Fowler Mrs A C J DIE HEUWEL 600
    Fox Mr G K QUEENSWOOD 200
    Freestate Agriculture Union BLOEMFONTEIN 1 100
    Frost Miss J TARKASTAD 40
    Frost Mr J G EAST LONDON 38
    Frost Miss M K EAST LONDON 38
    Frost Miss S TARKASTAD 40
    Frost Mr M R TARKASTAD 40
    Fuhrmann Mr G H München 5 000
    Gable Mr J Parkmore 10 000
    Gachter Mr A N Dunkeld 2 000
    Gale Mr R A KING WILLIAM’S TOWN 100
    Gama Mr M T Epsoms Downs 700
    Gaqavu Mr MM Cala 20
    Garces Mr L De Waterkant 100
    Gasa Mr SD PIETERMARITZBURG 350
    Gates Mr A A GROENKLOOF 10 000
    Geach Mrs E P D O PRETORIA 2 100
    Geach Mrs M B BEDFORDVIEW 600
    Geustyn Mr J P PAROW NORTH 400
    Giani Mrs Y C GROENKLOOF 2 500
    Gilfillan Mr W N G BENMORE 100
    Glyn Mrs M M SAXONWOLD 10 000
    Gochin Mr A PORT ELIZABETH 300
    Golden Stallion Enterprises CC SANDTON 4 000
    Goldstone Mr A CONSTANTIA 600
    Gouveia Mr R D R Fish Hoek 10 000
    Gouws Mr O J Meadowbrook 50
    Govender Ms T BEDFORDVIEW 9 500
    Gower Mrs V S RIEBEECK WEST 5 790
    Graser Mrs G M MONUMENT PARK 100
    Gray Mr A J BENMORE 10 000
    Greenwood Mr J L Bruckmühl 2 000
    Grobbelaar Mrs C S E GLENSTANTIA 2 000
    Grobler Mrs M M PRETORIA 1 000
    Groenewald Dr B P HERMANUS 500
    Grolman Mr E Athol 100
    Guizzardi Mr M MEYERTON 5 000
    Guizzardi Mr O THREE RIVERS 5 000
    Guma Dr X P PRETORIA 5 932
    Guzewicz Mr A Berlin 2 500
    Gysman Mr L R MENLYN CENTRAL 200
    Hacker Mr T J JOHANNESBURG 100
    Hague Mrs M E FLORIDA 2 000
    Hale Mr D CHICAGO 1 000
    Hall Mr G R NORTHCLIFF 200
    Hanna Mr R EMMARENTIA 10
    Harding Messrs C & D C CAMPS BAY 3 400
    Hardwick Mrs J A HOWICK 100
    Harford Mr D M CAPE TOWN 2 500
    Harrison Mr J d G P O NORTHLANDS 38
    Harrison Mr P H Vorna Valley 38
    Hart Mr D Orchards 10 000
    Hart Mrs E A PORT ELIZABETH 38
    Harvey Mr P L Sunningdale 10 000
    Hathorn Mr M C MTUNZINI 10 000
    Hathorn Mr W P PIETERMARITZBURG 1 010
    Hattingh Mr J Kreupelbosch 10 000
    Hauptfleisch Mr DCL ONRUS RIVIER 5
    Hefferman Mr P J NELSPRUIT 200
    Hellier Miss J C RENFREWSHIRE 100
    Henama Mr U S Phillip Nel Park 400
    Henneke Mr W PRETORIA 2 500
    Henning Ms J PRETORIA 100
    Hertzogbrug Farmers Union ALIWAL NORTH 1 000
    Heyns Mr N A SOMERSET WEST 1 000
    Heyns Ms S E BRYANSTON 4 000
    Hill Ms L K R BREDASDORP 1 300
    Hill-Lewis Mr G Edgemead 10
    Hlatshwayo Ms K N H KWAMASHU 150
    Hlekani Mr F B EDENVALE 1 000
    Hlope-Mazibuko Mrs H WILGEHEUWEL 400
    Hoffmann Mr M L Le Domaine 10 000
    Hoffmann Mr W UPINGTON 980
    Holmes Mr I G United Kingdom 10 000
    Hörstmann Miss A LUTZVILLE 5 466
    Howard Mrs P A ADELAIDE 10 000
    Huang Mr Y Rivonia 2 000
    Hugo Mr C J WINGATE PARK 1 000
    Hugo Mrs M NEWLANDS 100
    Hunter Ms C A Yellow Wood Park 1 300
    Hunter Miss H A Yellow Wood Park 1 300
    Hunter Mr I G Yellow Wood Park 1 300
    Iceberg Holdings (Pty) Limited Lynnwood 50
    Iffland Miss G C Farnham 5 500
    Iffland Mr S Dan Pienaar 5 500
    Intuthuko Investments (Pty) Ltd PRETORIA 1
    Irvine-Smith Dr B BRYANSTON 10 000
    IS Trust BRYANSTON 10 000
    Ismail Mr M S Dundee 10 000
    J P Landman Trust AUCKLAND PARK 200
    J Rabie & P J Arnot:  The Nook Trust CONSTANTIA 333
    Jackson Mr H C STELLENBOSCH 100
    Jacobs Mr A J CLUBVIEW 500
    Jacobs Mr P D PIETERSBURG 100
    Jacobs Mr P S WESTGATE 700
    Jacobs Mr SJ NELSPRUIT 400
    Jacobs Mr W Centrahil 200
    Jansen van Rensburg Mrs J MOSSEL BAY 500
    Jarson Mr A California 100
    Jeewa Mr I C DURBAN 200
    John Michael Hansen Scholarship Trust DURBAN 6 000
    John Sayers Family Trust HONEYDEW 400
    Jooste Mrs W SWELLENDAM 100
    Joubert Mrs E C JEFFREYS BAY 400
    Joubert Mr G R PLETTENBERG BAY 10 000
    Joubert Mrs L B KEW, MELBOURNE 100
    Joubert Mrs L J HILLCREST 9 750
    Memeza (nee Juqu) Mr A S W PAULSHOF 1 300
    Kalla Mr S A R POLOKWANE 350
    Kannusamy Mr D Shallcross 50
    Kannusamy Ms S Shallcross 350
    Kantor Mr B S Camps Bay 100
    Kantor Mr I BRAAMFONTEIN 100
    Kaplan Mr A JOHANNESBURG 10 000
    Katz Mr D A FRESNAYE 900
    Katz Mr J FRESNAYE 100
    Katz Mr M P FRESNAYE 1 000
    Katz Mrs S R FRESNAYE 200
    Katz Miss Y M FRESNAYE 100
    Kekana Ms C W BIRCHLEIGH NORTH 100
    Keller Mrs R J VILLIERSDORP 1 000
    Kellerman Mr C J CAPE TOWN 100
    Kellerman Mr C J KORINGBERG 100
    Kensett Mr JM KwaZulu Natal 100
    Keogh Mrs B FAUNASIG 60
    Kgaswe Mr W MABESKRAAL 10 000
    Khanyetsi Mr T P HEIDEDAL 200
    King Mrs D R Hurlingham Gardens 1 000
    Kirk Mr D J CAPE TOWN 100
    Kirkness Ms RIA LADYSMITH 2 000
    Kistan Ms S Shallcross 350
    Klikk Pty Ltd Sirs STELLENBOSCH 10 000
    Klopper Mr D J WINGATE PARK 10
    Kock Mr M A PRETORIA 100
    Koen Mr R Johannesburg 100
    Konar Dr D Hyde Park 4 000
    Koopoosamy Miss P BENONI 1 000
    Kreuger Mr F DURBAN 100
    Kriel Mr C C GROENKLOOF 10 000
    Kriel Mrs H B PRETORIA 400
    Kruger Mr F ROBERTSON 533
    Kruger Ms G WATERKLOOF 2 500
    Kruger Mr J DIE BOORD 533
    Kruger Mrs L PHALABORWA 60
    Kruger Mr P STELLENBOSCH 534
    Krynauw Mrs A F WILDERNESS 10 000
    Krzyzanowski Mr M Sandton 9 800
    Kuhn Mr F S L DURBANVILLE 1 000
    Kuhn Mr H C JOHANNESBURG 100
    Kupane Mr L M Orlando 7 500
    Kynge Mrs A P F Northallerton, North Yorkshire 400
    Laäs Mr A O SUNNYSIDE 9 515
    Lane Ms B S CONSTANTIA 200
    Lang Mr G I HOUGHTON 400
    Lang Mr M Dorsten 10 000
    Lang Mr N H BOTHASIG 10 000
    Lawal Mr S HONEYDEW 600
    Lawrence Mr D M Dunkeld 1 000
    Lawrenson Mrs S Cape Town 9 100
    Layer Mrs C Gräfelfing 10 000
    Le Roux Dr F H MODIMOLLE 200
    Le Roux Mr J A WINGATE PARK 600
    Leach Mr E MENLO PARK 200
    Estate Late Leeman Sirs GARSFONTEIN 200
    Lemmon Mr D E NELSPRUIT 200
    Leoka Dr B ATHOL 1 000
    Levitt Dr C M MELLVILLE 100
    Lindsay Miss C S Paris 5 000
    Lindsay Miss M E C RONDEBOSCH 10 000
    Lindsay Miss O C Paris 5 000
    Lipschitz Mr V B Nazareth 100
    Lloyd Mr C G Rondebosch 200
    Lloyd Mr S STILBAAI 1 000
    Lombard Prof J A KNYSNA 10
    Lormar Development and Financing CC MIDDELBURG 1 300
    Lottering Ms M HOEDSPRUIT 10 000
    Lowenthal Mr N D MARSHALLTOWN 9 500
    Lowenthal Mr R Y MARSHALLTOWN 6 900
    Lubbe Mr J W BROOKLYN 200
    Lyons Mr W J STANDERTON 200
    Maakal Mr C WELGEMOED 1 715
    Mabeba Mr S E POLOKWANE 1 420
    Mabika Ms F M CLARINA 205
    Mabin Mr D J TABLEVIEW 500
    Mabula Mr R RASLOUW 1 014
    Mac William Mr I R Houghton Estate 300
    Madida Mr S B BRAAMFONTEIN 500
    Madonel Kaap Close Corporation UVONGO 10 000
    Mafuwane Mr E M SESHEGO 10
    Mahlangu Mr I ELARDUS PARK 8 560
    Mahlangu Mr J L MABOPANE 50
    Mahlangu Miss T K FAERIE GLEN 2 500
    Mahomed Mrs H WITBANK 200
    Makda Mr Y ALBERTON 5 000
    Makhanya Mr B A Lawley Ext 1 120
    Makhina Mr R M MAMELODI WEST 7 285
    Malan Mr C T RIVONIA 400
    Malan Mr G K Onrus 400
    Malan Mr J D ROSSLYN 150
    Malan Miss T A WESTVILLE 400
    Malatjie Ms L I BOORDFONTEIN 6 504
    Maltz Mr L SENDERWOOD 100
    Mamahlodi Mr M T MARBLE HALL 3 290
    Manganyi Mr R B MABOPANE 20
    Manzi Mr T T J Cape Town 100
    Manyala Mr B JOHANNESBURG 1 500
    Maphangwa Mr F A THOHOYANDOU 500
    Marais Mr A CLUBVIEW 500
    Marais Mr A d R Vergesig 4 000
    Marais Mr C P F GLENHAZEL 4 600
    Maré Mr D J FONTAINEBLEAU 100
    Maritz Mr De V GEORGE 200
    Maritz Mr E S MIDDELBURG 1 000
    Marsland Mr T RANDPARK RIDGE 100
    Martins Mrs S C FLORIDA 300
    Masanabo Ms M L T Mathyszenloop 185
    Masango Mr D S YEOVILLE 10
    Maseko Mr N I EMPUMALANGA 350
    Mashaba Mr D T SECUNDA 600
    Mashabela Mr R G DRIEKOP 100
    Mashegoane Mr T WENDYWOOD 400
    Mashiangako Mr J J SOSHANGUVE 1 000
    Masilela Mr Z S MIDDELBURG 500
    Masindi Mr T C MIDRAND 30
    Masindi Mr T L PRETORIA 1 000
    Mason Ms K J AUCKLAND PARK 10 000
    Masondo Mr N H INANDA NEWTOWN 600
    Massyn Mr P H MOOIKLOOF 10 000
    Master of the High Court – CAPE TOWN 1 000
    Mathaba Mr M C TEMBISA 1 000
    Mathaba Mr T R TEMBISA 410
    Mathonsi Mr K G Malamulele 50
    Matladi Mr J M SESHEGO 70
    Matloa Mr T J POLOKWANE NORTH 20
    Matsau Mrs Z R P FAERIE GLEN 1 000
    Matshane Ms O P CENTURION 2 858
    Mbona Ms N Gezina 100
    Mboweni Mr T T KILLARNEY 10 000
    Meades Mr D J FERREIRASDORP 300
    Meades Mr D J HELDERBERG 1 100
    Meerholz Ms YP JOHANNESBURG 50
    Meintjes Mrs I E PINELANDS 400
    Menze Prof V Budapest 1 400
    Metal Industries Group Pension Fund JOHANNESBURG 300
    Meyer Dr A Gräfelfing 10 000
    Meyer Mr H SUMMERSTRAND 10 000
    Meyer Mrs L UVONGO 100
    Meyer Mrs S WELLINGTON 700
    Mhlambi Mr T D M Ballito 100
    Miles Mrs M CATHCART 400
    Miller Mrs R A WESTDENE 8 100
    Miller Mrs R M BARBERTON 800
    Milstein Mr E J Ramat-Efal 10 000
    Miltz Mr B A TROYEVILLE 8 500
    Misra Mr B Clare Estate 750
    Miya Mr S I E Soweto 200
    Mkwanazi Mr K E Ikageng Location 416
    Mlati Mr M C PRETORIA 2 000
    Mngwenya Mr T D SUIDERBERG 400
    Mnyande Dr M WIERDA PARK 500
    Mofokeng Mr M J Bochabela 150
    Mofokeng Mr P J RATANDA 100
    Mogale Mr S M GATEWAY 100
    Mogamy Ms C QUEENSBURGH 350
    Mogorosi Mr I K S MARSHALLTOWN 5 180
    Mokae Miss S G M E KEMPTON PARK 115
    Mokgabudi Ms M M SOSHANGUVE 129
    Mokgahla Mr N D TRICHARDTSDAL 500
    Mokgoatjane Mr ND THE TRAMSHED 420
    Mokwatedi Mr N E Pimville 2 000
    Molefe Mr L K KWA-MHLANGA 5 000
    Mollo Mr J Sunninghill 1 000
    Monareng Ms Y PIETERMARITZBURG 25
    Monty Holdings Pty Ltd CRAIGHALL PARK 1 000
    Moodley Mr D UMZINTO 200
    More Mr JDI GA-RANKUWA 40
    Morkar Dr N EAST LONDON 1 000
    Morshead Securities (Pty) Limited BEDFORDVIEW 200
    Mosako Mr K HALFWAY HOUSE 1 000
    Moselana Mrs D B Ebony Park 4
    Mostert Mr M L LYNNWOOD RIDGE 400
    Motloutsi Miss M L Lambton 1 110
    Mr Joe van Zyl as Trustee of the Burmilla Trust BEDFORDVIEW 200
    Mr P F J de Vos Hugo:  Trustee the Pieter Hugo Trust (IT
    248/97)
    MENLO PARK 500
    MS Family Trust GLENSTANTIA 2 250
    Msipha Mr K A SEBOKENG 500
    Mueller Dr R Augsburg 1 000
    Muller Mr F D WELTEVREDEN PARK 100
    Munday Mr L C FAERIE GLEN 400
    Murfin Mrs B J WIERDA PARK 6 000
    Murie Mrs G E KLOOF 400
    Murrel Mr C J CENTURION 400
    Murrey Mr C H Woodstock 5 000
    Murrey Miss F Hilton 5 000
    Murrey Mr M P H Australia 10 000
    Mushi Mr T E QUELLERINA 10 000
    Mushipe Miss T S NEW BRIGHTON 100
    Mutsila Mr R D THOHOYANDOU 6 000
    Myeni Ms P J Mokopane 100
    Mzomba Miss V Birchacres Ext 38 350
    Naidoo Mr G ELDORADO PARK Ext 4 200
    Naidu Mr D UMHLALI 100
    Naidu Mr S J Reservoir Hills 6 000
    Naude Mr D GROENKLOOF 1 400
    Ndaba Mr Y SUNNYSIDE 1 000
    Ndlovu Ms MS CRYSTAL PARK 100
    Nedcor Limited JOHANNESBURG 3 900
    Nel Mr T CRAIGHALL 66
    Nelson Mandela Children’s Fund HIGHLANDS NORTH 100
    Netshiomvani Ms H THOHOYANDOU 1 000
    Netshisaulu Mr N G CENTURION 10 000
    Nevhulaudzi Mr R K Pretoria North 200
    Newman JR Mr TR UNITED STATES OF AMERICA 3 050
    Ng Mr CY Rivonia 168
    Ngoepe Mr M J MIDRAND 5 000
    Nicholson Mrs V R Chalfont St. Giles, Bucks 500
    Nienaber Mr G S Parkview 400
    Njamela Mr M WIERDA PARK 200
    Nkhumise Miss M L SOSHANGUVE 3 400
    Nkoana Mr M J ATLASVILLE 80
    Nkolwana Mr N S THABA TSHWANE 10 000
    Nkuna Mr M J MORELETA PARK 100
    Nkuna Equity (Pty)Ltd MARSHALLTOWN 1 250
    Nobadula Mrs N M DAVEYTON 300
    Nonyane Mr K SOSHANGUVE 100
    Noordman Mr C A SOMERSET MALL 10 000
    Northcroft Mr I W Dunvegan 300
    Ntsekalle Mr L Motsethabong Location 10
    Ntshabele Mr M M M CENTURION 500
    Nxumalo Mrs C T SANDTON 1 000
    Nyman Mr P KNYSNA 100
    Oelofse Rev D F HUMANSDORP 50
    Omar Mr S Laudium 500
    Orleyn Ms N D RIVONIA 10 000
    Oscroft Mr J Somerset West 10 000
    Ovenstone Ms A TOKAI 10 000
    P A E (Proprietary) Limited CRAMERVIEW 10 000
    Page Mrs M G CENTURION 200
    Page Mr J L CENTURION 200
    Pansegrouw Mr C R DURBANVILLE 10
    Parker Mr Z A PRETORIA 1 000
    Parsons Prof R W K PARKHURST 1 000
    Patchitt Mr M J PARKTOWN 2
    Patel Messrs D G & S G BOMBAY 1 900
    Patterson Mr M B CAPE TOWN 10
    Pedlar Mrs J F GREENSIDE 1 000
    Pettifer Mr J W KENSINGTON 1 000
    Phalatse Mrs B M Akasia 100
    Phalatse Ms M Akasia 100
    Phalatse Mr M D Akasia 100
    Phetla Mr S M Ferndale 1 000
    Philippus De Witt (Pty) Limited AUCKLAND PARK 75
    Phiri Mr T HAZYVIEW 200
    Pieterse Mr A JOHANNESBURG 100
    Pieterse Mr A D GARSFONTEIN 400
    Pike Mr G A CAPE TOWN 25
    Pinda Ms Z R PEDDIE 500
    Plummer Mr J F VILLIERSDORP 400
    Poole Ms M E SAXONWOLD 200
    Posnett Mr J SANDOWN 10 000
    Posnett Mr M A SUNNINGHILL 10 000
    Potgieter Ms C L CAPE TOWN 334
    Pretorius Prof J T MONUMENT PARK 200
    Pretorius Mr JHC GROBLERSDAL 730
    Pretorius Mr M B HIGHVELD PARK 9 800
    Priday Mr A J SEA POINT 500
    Priebatsch Mr RM GALLO MANOR 10 000
    Public Investment Commissioners PRETORIA 8 400
    Purdey Publishing (Pty) Ltd SANDTON 2
    Pyoos Mr LC KEMPTON PARK 500
    Raath Mr J W Kraaifontein 300
    Rabothata Adv M A WESTPARK 9 980
    Ralawe Mr D R M Gardens 10 000
    Raletsena Ms L T Pretoria 5 000
    Rall Ms E LYNNWOOD RIDGE 100
    Rambau Dr P D NOORDWYK 10 000
    Ramjee Mr J MIDDELBURG 5 000
    Rasethaba Mr AT RANT EN DAL 1 600
    Rashope Ms P SUNNINGHILL 200
    Raw Ms N J DURBAN 10 000
    Reay Mr C J PRETORIA 2
    Reddy Mr S Table View 500
    Reddy Mr C PENNINGTON 5
    Rees Mr E J THREE RIVERS 2 400
    Rehle Mr A Berg 5 000
    Rennie Mr G A MONDEOR 100
    Reynolds Ms S L CRAMERVIEW 250
    Rieck Mrs A TARKASTAD 300
    Rippon Mr R C WOODHILL 1 000
    Roche-Kelly Mr D KENSINGTON 100
    Rompel Mr M F MORELETA PLAZA 2
    Rompel Mrs S A I MORELETA PLAZA 2
    Roodt Mr D D HAZELWOOD 200
    Roskrow Ms C A Edgemead 10 000
    Rossouw Mr A B RAWSONVILLE 10
    Rossouw Ms C WATERKLOOF EXT. 1 210
    Rossouw Miss G Langerug 5
    Rossouw Mr G C Langerug 5
    Rossouw Miss I Langerug 5
    Rossouw Dr J J Waterkloof Ext. 1 10 000
    Rossouw Mr J J Langerug 5
    Rossouw Mr M Waterkloof Ext. 1 202
    Rossouw Mr P QUEENSWOOD 400
    Rossouw Mrs S Waterkloof Ext. 1 339
    Rossouw Mr S D G Langerug 5
    Rust Mr A F Parkview 150
    S A Mutual Life Assurance Society CAPE TOWN 20 000
    S A Platinum Holdings Pty Limited DURBAN NORTH 500
    S A Police Widows’ & Orphans’ Fund MENLO PARK 10 520
    Saacks Messrs H M & Allen M MOUILLE POINT 250
    Saacks Mrs R S SEA POINT 200
    Saacks Mrs T MOUILLE POINT 250
    Saffy Mr C A Craighall Park 300
    Saffy Mr D J Craighall Park 300
    Saffy Mr H A Craighall Park 300
    Salimane Mrs M E LYNWOODRIDGE 3 000
    Salojee Family Trust Houghton 1 767
    Saville Mr D P CAPE TOWN 10 000
    Saville Ms J M PLUMSTEAD 10 000
    Scheepers Mr G R J Kocksvlei 3 000
    Schimmelpennick Campbell Education Trust HARARE 1 300
    Schlaphoff Mr R W Selcourt 400
    Schriever III Mr F G London 100
    Schulze Prof W G GROENKLOOF 250
    Schulze Dieckhoff Mr B S Heidelberg 3 950
    Scorgie Mr W A BEDFORDVIEW 400
    S’Dinile Mr P S P O Umlaze 1 000
    Sebelebele Ms L P CRYSTAL PARK 1 000
    Sekgololo Mr M J Pretoria 303
    Sehlako Ms P M MIDRAND 600
    Selolo Mr L J HALFWAY HOUSE 500
    Sepoli Mr R D SHAYANDIMA 350
    Serfontein Mrs D I BROOKLYN 10 000
    Sewbaran Mrs P PHOENIX 3 000
    Sewbaran Mr V PHOENIX 3 000
    Sewdass Mr P GERMISTON 1 200
    Shapiro Mrs S SEA POINT 10 000
    Shearer Mr G A CAPE TOWN 10 000
    Shellard Mrs M PORT ELIZABETH 200
    Shenker Mr C J BEERSHEVA 3 334
    Shepherd Mrs M C PINEGOWRIE 600
    Shezi Mr H S PIETERMARITZBURG 100
    Shields Mr S W MIDRAND 2 000
    Shochot Mr J MODDERFONTEIN 350
    Shone Mrs L C DURBANVILLE 100
    Shongwe Mr M H D Pretoria 555
    Sieburg Mr M Schliersee 9 000
    Sieburg ( In Suspense) Mr M Schliersee 1 000
    Sigasa Mr M E Randhart 5 000
    Sikhakhane Mr T N Midrand 70
    Simmons Mr R J A HOEDSPRUIT 100
    Sinclair Mr I M GREENSIDE 100
    Singh Mr S DURBAN 400
    Sithole Mr K J SASOLBURG 910
    Siwundla Mr M N PRETORIA 500
    SJ (Boet) Streicher Trust SWELLENDAM 5 000
    SJ Streicher Trust SWELLENDAM 5 000
    Skinner Dr R M Greenacres 1 000
    Smal Dr M M PRETORIA 100
    Smit Mr F P Edleen 100
    Smit (Jnr) Mr J J Paradyskloof 10
    Smith Mr D ATHLONE 4
    Smith Mr G A Tatitown, Via Serule 10 000
    Smith Mrs L DIE HOEWES 100
    Smith Mr R L KNYSNA 10 000
    Smith Mr T P L HOEKWIL 5 000
    Smude (In Suspense) Ms I Haltern am See 2 500
    Socikwa Ms MNC Benmore 1 500
    Solomon Mrs J MONDEOR 200
    Spicer Mr P M Ancaster, Ontario 10 000
    Springfield Miss S C LYTTELTON 1 000
    Stafford Ms TH BALLITO 200
    Stals Dr C L WOODHILL 200
    State Library Pretoria PRETORIA 200
    Stead Mrs R CRAMERVIEW 550
    Steenkamp Mr G WATERKLOOF 100
    Steindler Mr M M Muenchen 10 000
    Stelzer Family Trust POLOKWANE 10 000
    Stephensen Dr P P O Copenhagen 10 000
    Steyn Mrs J FISH HOEK 38
    Steyn Mr T F ASTON MANOR 200
    Stigting Simon van der Stel STELLENBOSCH 5 000
    Stone Miss A T ARCADIA 550
    Stuart-Clark Dr H E FERNDALE 1 000
    Sturino Mr F MARSHALLTOWN 5 000
    Sulin Mr D G Craighall 500
    Sullivan Mr A C Avalon 10 000
    Sumeray Mrs S FRANSCHHOEK 650
    Swanepoel Dr C J STILL BAY 1 000
    Swart Miss E S E WINDHOEK 50
    Swart Mr R BRYANSTON 50
    Swart Mr W H NOORDBURG 100
    Sylvester Mr D A FISH HOEK 6 600
    Sylvester Ms E A FISH HOEK 3 400
    Symons Mrs B E NAHOON 100
    Szabo Mr P I S WALVIS BAY 200
    Terblanche Mrs A FAERIE GLEN 500
    Tettey Mr J MELROSE ARCH 1
    The Administrator- Estate Late F H K Cunningham Will
    Trust
    CAPE TOWN 3 700
    The Administrator of the Susan Kelly Will Trust PRETORIA 200
    The Administrators Estate Late V L Nicoll Trust UMHLANGA ROCKS 3 800
    The Chief Financial Officer – Standard Bank Group,
    Standard Bank of S.A. Ltd
    JOHANNESBURG 10 000
    The Company Secretary:  Anglo American South Africa
    Limited
    MARSHALLTOWN 10 000
    The Executor Estate Late W W D Marquard CAPE TOWN 200
    The Executor, Estate Late Ida Pessen Morris Rosenburg
    Trust
    MARSHALLTOWN 800
    The Executors Estate Late C Barclay CAPE TOWN 4 350
    The Hunter Trust Killarney 300
    The Kathleen Betty Jones Will Trust FISH HOEK 10 000
    The Right Rev Napier OFM, Catholic Archbishop of
    Durban
    GREYVILLE 1 000
    Theunissen Mrs U NEWLANDS 10 000
    Tsirigotis Mr K CANADA 1 000
    Tshoke Mr K M HATFIELD 100
    Tshoke Miss Keneilwe HATFIELD 50
    Tshoke Miss Kaelo HATFIELD 50
    Thorpe Mr G Q Elardus Park 8 000
    Thorpe Mr R W JOHANNESBURG 2 000
    Till Mr R G SLOANE PARK 100
    Tolken Mrs D A PINETOWN 800
    Tolmay Mr C J GONUBIE 10 000
    Tomasek Mr F L NORTHLANDS 200
    Tomlinson Mr R A Berea 100
    Tonks Ms D A Brisbane, Queensland 100
    Treston Family Trust NEWTON PARK 1 500
    Truscott Mr J T ESTRA 200
    Trustees of the Church Property of Saint Andrews
    Presbyterian Church
    PRETORIA 400
    Trustees of the Jessie Campbell Trust PIETERMARITZBURG 1 200
    Truter Mr V J DUNKELD 2 000
    Tshabalala Mr S I SOWETO 100
    Tshishonga Mr M A TRAMSHED 1 000
    Tshitangano Mr F THOHOYANDOU 10
    Tshivhase Mr M KYALAMI 10
    Turner Mrs L M Glenwood 10 000
    Twidale Mr G B DUNKELD 10 000
    Upton Mr C H GROBLERSDAL 237
    Uys Mr D C LYNNWOOD RIDGE 10
    Uys Miss M LYNNWOOD RIDGE 6 451
    van den Bergh Mr J A SUNNYSIDE 200
    van den Heever Dr J P LYNNWOOD 200
    van der Berg Mr L Pierre van Reyneveld 100
    van der Bijl Mrs M KRUGERSDORP 60
    Van der Loo Mr S A Sunninghill 600
    van der Merwe Ms B C THREE RIVERS 10 000
    van der Merwe Miss C NEWLANDS 200
    van der Merwe Mr C K WORCESTER 250
    van der Merwe Mr D S GLENSTANTIA 5 000
    van der Riet Mrs S J GRAHAMSTOWN 333
    van der Schyff Mr J P WAPADRAND 200
    van der Walt Mr F J V Vredehoek 10 000
    van der Zel Mr D W Hennopspark 200
    van Druten Mrs C J SOMERSET WEST 7 400
    van Heerden Mr H WARNER BEACH 2 664
    van Heerden Mr J GEORGE 1 000
    van Heerden Mr L C SANDTON 2
    van Heyningen Mr C Tzaneen 876
    van Kets Mr W O WYNBERG 10 000
    van Niekerk Mr F A KIMBERLEY 300
    van Niekerk Mr M DANHOF 100
    van Niekerk Mr P H WATERKLOOF 2 500
    van Niekerk Mr P M DANHOF 1 000
    van Niekerk Dr W H GEZINA 1 000
    van Rensburg Mr A Hennopspark 1 000
    van Rensburg Mr F NELSPRUIT 200
    Van Santen Mr A J HERMON 100
    Van Santen Ms A J HERMON 100
    Van Santen Mr J W HERMON 100
    Van Santen Mr P J HERMON 100
    Van Schalkwyk Mr NDT BRAKPAN 15
    van Tonder Mr D J PAARL 2
    van Wyk Dr L Lynnwood 5 000
    Van Wyngaard Rev G J HATFIELD 200
    van Zyl Mr D Z NIGEL 100
    Vanrenen Mr D J D CHELMSFORD, Essex 1 000
    Vaughan Miss V Harmelia 400
    Vermeulen Mr E H Woodmead 100
    Vermeulen Mr J P VAALPARK 2 500
    Visagie Mr FW TYGERVALLEY 120
    Visser Mrs KF WELGEMOED 600
    von Abo Mr C L BOTHAVILLE 1 000
    von Abo Dr P J BOTHAVILLE 1 000
    von Ribbeck Mrs K P ST JAMES 10 000
    von Steiger Ms A V 100
    von Wolff Mr K D T H QUEENSWOOD 67
    von Wolff Mr T G D A K W QUEENSWOOD 66
    Wang Mr Q Beverley 200
    Waruhiu Mr M Highlands North 10 000
    Weissenberg Mr HF AUCKLAND PARK 4 500
    Weissenberg Mr R H AUCKLAND PARK 5 500
    White Mr J I SOMERSET WEST 200
    Why Mr F L 500
    Wildash Mr R J HAZYVIEW 10 000
    Wille Mrs A E PARKLANDS 150
    Wilson Mrs H P C Irene 800
    Winnard Mr J H Cornwall 300
    Winter Mr C CAPE TOWN 2 950
    Winter Mr G E TABLE VIEW 2 950
    Wocke Mr C LYTTELTON 2 000
    Wolov Mr D NORWOOD 4 000
    Wonderfontein Trust DANHOF 200
    Wood Mr G D SOMERSET WEST 10 000
    Wood Mrs I S SOMERSET WEST 3 300
    Wright Miss N H BULAWAYO 282
    Wright Mrs O F PORT EDWARD 7 140
    Wright Miss S E BULAWAYO 284
    Xanko Ms B C KROONSTAD 10
    Yeo Mr D J PINELANDS 100
    Zondo Mrs C N Inanda Newtown 100
    Zondo Mr S Durban 100

     

    source:Here are the true owners of the South African Reserve Bank – BusinessTech

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