Reserve Bank Governor Lesetja Kganyago says team South Africa plans to demonstrate to potential investors what progress government has made to implement structural reforms.
South African Reserve Bank (SARB) governor, Lesetja Kganyago says he does not agree to the idea of lowering the interest rate to near zero percent.
South African Reserve Bank Governor, Lesetja Kganyago, says the current low inflation is expected to bring about a cut in the petrol price in the near future.
Reserve Bank Governor Lesetja Kganyago on Thursday announced an interest rate cut of 100 basis points, as South Africa moves to combat the severe economic effects of the coronavirus. The Reserve Bank Governor says lower inflation and suppressed economic growth has necessitated rate-cutting.
The Economic Freedom Fighters says it will write to the Reserve Bank Governor Lesetja Kganyago, Finance Minister Tito Mboweni and President Cyril Ramaphosa to immediately stop the sale of the African Bank.
Reserve Bank Governor, Lesetja Kganyago has welcomed the Cyril Ramaphosa government’s efforts to address structural issues in an effort to boost growth.
Reserve Bank Governor Lesetja Kganyago has strongly cautioned against approaching the IMF for financial backing.
Reserve Bank Governor Lesetja Kganyago has called on South Africans to rally behind the central bank and fight for its independence.
The SARB Governor Lesetja Kganyago says he will fight to protect the central bank’s independence if it is jeopardised by plans to bring it into public ownership.
SARB Governor, Lesetja Kganyago, came out strongly against the notion of private ownership which has led to the calls to nationalise the Reserve Bank.