Good Morning bull frog.
I had somewhat the same questions.
I do know the S.A.Bank is for some of the counties to be able to get away from the IMF.It was in large part Hugos idea.
It is not a bad thing for the most part.The IMF has been sticking the smaller nations for years.[do it our way or else]
I must say while I don't like Hugo he only filled a void left by a lot of Corp.sticking it to the "little people" after stripping what they wanted from the nation they were working in.
I just hope the curve will flatten out before S.A goes the way Hugo want's