Good day, The April 2016 Monetary Policy Review will be released under embargo on Monday, 4 April 2016. A media lock-up will be imposed from 16:30 to 17:45. This will be followed by the Pretoria Monetary Policy Forum at 18:00. Members of the media who wish to attend should please contact Leisel Radebe on 012 313 4754 /Leisel.Radebe@resbank.co.zaor Nosipho Theyise on 012 313 3465 /Nosipho.Theyise@resbank.co.za. Monetary Policy Forums will also be held at different provinces: DateCityVenueTimePanel Members4 April 2016PretoriaSARB Conference Centre17:00Monetary Policy Committee Members5 April 2016BloemfonteinThe Windmill Casino17:00Deputy Governor Groepe, Stefaans Walters, Shaun de Jager and Margaret Olivier5 April 2016NelspruitSouthern Sun Emnotweni16:30Chris Loewald, David Fowkes and Shaista Amod5 April 2016PolokwaneAfrica Airport Lodge16:30Deputy Governor Kuben Naidoo6 April 2016East LondonEast London ICC07:30Brian Kahn and Pamela Mjandana6 April 2016MahikengMmabatho Palms17:00Dr Johan vd Heever and Khathu Todani7 April 2016DurbanThe Durban Country Club17:30Brian Kahn and David Fowkes7 April 2016Port ElizabethProtea Hotel Marine11:30Rashad Cassim and Pamela Mjandana12 April 2016Cape TownThe Westin Hotel17:30Deputy Governor Groepe, Dr Johan vd Heever, Stefaans Walters, and Margaret Olivier About Monetary Policy Forums: The South African Reserve Bank (SARB) is responsible for monetary policy in South Africa. SARB uses several channels to communicate with and create a better understanding of monetary policy among its stakeholders, including the public. One of these communication channels is the Monetary Policy Forums (MPFs). These MPFs are meetings that are held in each province in South Africa every six months. At these meetings, a panel comprised of senior SARB representatives present recent domestic and international developments that have impacted on inflation, and that motivate the rationale behind the SARB’s monetary policy stance. Relevant topics such as the inflation outlook, the factors impacting it, and the Bank’s inflation and economic growth forecasts are presented to the public. Attendees are invited to comment in response to recent policy developments.