Navigating the JIBAR-to-ZARONIA Transition: A Strategic Imperative for South African Corporates
The End of Certainty – Are You Prepared for What Comes Next?
For more than 20 years, JIBAR has provided South African corporates with stable, predictable benchmarks for debt management and cash flow planning. The imminent transition to ZARONIA, mandated by the South African Reserve Bank, represents a seismic shift in the financial landscape—one that will test the resilience oftreasury and risk functions across all sectors.
Why should this matter to you?
This is not just a technical update. The transition to ZARONIA fundamentally alters how interest is calculated, billed, and hedged, introducing new operational and strategic risks. Delaying action risks exposure to liquidity challenges, system incompatibilities, and financial losses.
The window for passive observation has closed. Proactive engagement is essential.
Contact Deloitte to discuss how we can support your organisation in managing the JIBAR-to-ZARONIA transition, mitigating risk, and ensuring operational readiness.
