<Li> Acting as lender of last resort in exceptional circumstances . </Li> <P> SARB has a board of directors consisting of a Governor Lesetja Kganyago three Deputy Governors, and eleven Directors . The Governor, and Deputy governors are appointed for five - year terms by the President of South Africa in consultation with the Minister of Finance . Four of the directors are also appointed by the President for terms of three years . The remaining seven directors are appointed by the Shareholders of the Bank, also for a three - year term . </P> <P> The Reserve Bank is privately owned, with 2 million issued shares . The only limitation on shareholding is that no single shareholder may own more than 10,000 shares individually . Currently there are 696 shareholders, as of the shareholders index report of 31 August 2018, owning shares in the South African Reserve Bank . </P> <P> Shareholders are entitled a dividend of not more than 10 South African cents per share per annum (the total maximum dividend is therefore 200,000 South African Rand or a maximum of 1,000 South African Rand for any individual shareholder), with the remaining profits being paid to the South African government . </P>

Who owns the reserve bank in south africa
find me the text answering this question