Great Britain Sweden United States of America SAPeople – Your Worldwide South African Community. Reunion Governor of the South African Reserve Bank Lesetja Kganyago is suing Nelson Mandela Bay ANC councillor Andile Lungisa for defamation of character. Showmax Will Showcase Groundbreaking Rhino Doc STROOP as it Gets Nominated for ‘Oscars’ of Nature Filmmaking, South Africa’s Siya Kolisi Back from Injury to Boost World Cup Prospects, Matrics to Rewrite Leaked Maths and Science Exams for 1st Time in South African History, WATCH Engen’s Durban Refinery in Flames After Massive Explosion, Chantel Dartnall Closing Award Winning Restaurant Mosaic. Portugal October 19, 2019. He was appointed by the reigning President Mr. Cyril Ramaposa for a five-year period, starting from 9 November 2019. Introduction. Curacao Samoa The tweets were read by people outside of South Africa, with numerous comments made by Lungisa’s followers, according to the claim. We also have with us the Managing Director of the IMF, Kristalina Georgieva. Saipan Canary Islands Greenland Mayotte It is mandatory to procure user consent prior to running these cookies on your website. Guyana JOHANNESBURG - South African Reserve Bank governor Lesetja Kganyago has announced the bank's Monetary Policy Committee has left the repo rate unchanged at 6.75%. Namibia Mminele is one of a select number of shortlisted candidates for the job, said the people, who asked not to be named as the deliberations are private. Thank you for inviting me here today to speak about the South African economy. Yemen Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Seychelles SPEAKERS: ... We are delighted to have with us today the Chairman of the IMFC, Mr. Lesetja Kganyago, who is, as you all know, the Governor of the Reserve Bank of South Africa. Venezuela Taiwan Marshall Islands Good morning, ladies and gentlemen. But opting out of some of these cookies may have an effect on your browsing experience. 04 July 2019 Joint statement by the Minister of Finance Tito Mboweni and the Governor of the South African Reserve Bank Lesetja Kganyago The Minister of Finance and the Governor of the South African Reserve Bank (SARB) met this afternoon as they routinely do, … Swaziland Gambia Macau Palestine Pakistan Poland Kyanyago’s attorney wrote that Kganyago had been damaged in his reputation and had suffered damages to the tune of R500 000. SARB has a board of directors consisting of a Governor Lesetja Kganyago three Deputy Governors, and eleven Directors. Myanmar Mongolia annual Stavros Niarchos Foundation lecture. Mali Kazakhstan Uganda Slovakia Gabon South Africa’s economic growth outlook is uncertain, and data last month showed unemployment had risen to an 11-year high. Norway SA Reserve Bank governor (SARB) Lesetja Kganyago gestures during a media briefing in Pretoria, October 6, 2014. The remaining seven directors are appointed by the Shareholders of the Bank, also for a three-year term. Chad Burkina Faso Brazil Ghana But ANC members have said the people should have sovereignty over the bank, and at a party conference in 2017 the ANC resolved to move it into full state ownership, saying that its current status is an historical anomaly, though officials have pledged it will be implemented responsibly. Iceland These cookies do not store any personal information. Panama Iraq “If it ends up happening and nationalisation takes place, what would we go to war about? Would you like to comment on this article or view other readers' comments? Philosophy; Banker and Advisor to Government; Management of the South African money and banking system; Risk Management. Oman Georgia Latvia Netherlands Governor of the South African Reserve Bank, at the University of the Free State Bloemfontein 4 March 2020 Sound policy is an imperative for growth Good evening, ladies and gentlemen. Central Bank Governor Lesetja Kganyago said the primary mandate of the South African Reserve Bank (SARB) is price stability, however the South African Communist Party (SACP) has said in a statement that the mandate of the SARB "must explicitly" include job creation "with a consequential amendment to the Reserve Bank Act." Tunisia Four of the directors are also appointed by the President for terms of three years. Mauritius Category: Monetary policy and South African Reserve Bank (SARB) Date: 11 July 2019. Outlining the reasoning for the damages, the claim said the tweets intended to mean that: ● Kganyago was a lackey for racist people; ● Kganyago belittled himself to be accepted by racist and supremacist people; and. Falkland Islands Grenada Sao Tome & Principe Christmas Island Slovenia Ecuador St Barthelemy Cayman Islands The Governor, and Deputy governors are appointed for five-year terms by the President of South Africa in consultation with the Minister of Finance. Cyprus Zimbabwe. Bangladesh Trinidad & Tobago South African Reserve Bank Governor Lesetja Kganyago. Governor South African Reserve Bank This gazette is also available free online at www.gpwonline.co.za 310 No. Tokelau This website uses cookies to improve your experience while you navigate through the website. 'Outstanding technical matters' sees Zuma arms deal trial postponed to February ... 'Take us to court', Bhanga, allies in Nelson Mandela Bay challenge ANC, Cogta MEC Nqatha declares Nqaba Bhanga’s election unlawful, null and void, Kouga municipality blamed for electrocution of boy, 4, ANC snubs Ace Magashule as January 8 birthday bash heads to Limpopo, Forfeiture unit seizes R23m in assets from staff of KZN premier's office. United Arab Emirates Belarus Liechtenstein Nomfundo Tshazibana (born c.1977), commonly known as Fundi Tshazibana, is a South African economist, who serves Deputy Governor of the South African Reserve Bank from 10 July 2019. His resignation is effective from 31 January. Montenegro Albania Lebanon Philippines Bulgaria Kenya The primary focus of the bank’s monetary policy is price stability, but it also seeks to ensure sustainable growth. When our independence is threatened, that’s when you will see us taking the fight.”. JOHANNESBURG – South Africa Reserve Bank Governor Lesetja Kganyago said on Wednesday he will fight to protect the Reserve Bank’s independence if it is jeopardised by plans to bring it into public ownership. Armenia Nigeria Korea South Cook Islands Share this article: Share Tweet Share Share Share Email Share. Read more at the SA government's online coronavirus portal or use the 24-hour public hotline: 0800 029 999, Reserve bank governor Lesetja Kganyago sues ANC's Andile Lungisa. Kganyago said that the agenda to nationalise the SARB was being driven by foreign shareholders who could profit from it, and that the debate had become muddled. Tajikistan Wallis & Futana Is Groepe has served Media24 previously as CEO of the newspaper division as well as financial director. Egypt Afghanistan The central bank governor said that he would not engage in internal ANC party squabbles, but he would strongly defend the central bank’s independence if it was threatened by any government proposals. Syria You also have the option to opt-out of these cookies. Ireland “As a result of the injury and impairment to his dignity, [, We have entered the realm of the absurd. We also use third-party cookies that help us analyze and understand how you use this website. Brunei He holds a MSc in Economics from SOAS London University and a BCom degree in Economics and Accounting from UNISA. President Cyril Ramaphosa has announced the re-appointment of Lesetja Kganyago as Governor of the South African Reserve Bank for a five-year term. Argentina Remarks by Lesetja Kganyago, Governor of the South African Reserve Bank, at the annual dinner for the Heads of Foreign Missions. This website uses cookies to improve your experience. SARB: Lesetja Kganyago: Address by Governor of the South African Reserve Bank, Public Lecture at University of Pretoria (24/07/2019) 24th July 2019. “We don’t have to get there,” Kganyago said of an IMF approach. Lesetja Kganyago, Governor of the South African Reserve Bank. 19. th. Malta The South African Reserve Bank has become a proxy battle against President Cyril Ramaphosa by a faction in the ANC aligned to Ace Magashule. French Guiana Kyrgyzstan India Austria Nepal Kuwait Hong Kong Russia Bhutan Cameroon Lesetja Kganyago, a dutiful servant of our racialist classes supérieures, is an ardent disciple of the neoliberal dystopia that has condemned millions of African people to a desolate existence. Togo St Maarten Benin Nicaragua Congo Kganyago made these comments as senior officials argued … Channel Islands Transcript of the 2019 Annual Meetings IMFC Press Conference. Groepe tendered his resignation during December to pursue “outside opportunities”, the central bank said on Wednesday. Register (it’s quick and free) or sign in now. Solomon Islands "Lesetja [Kganyago] called us barbarians at the gate but today he takes refuge in our cause when we return insults with fact. Pretoria - President Jacob Zuma has appointed Francois Groepe as Deputy Governor of the South African Reserve Bank. These cookies will be stored in your browser only with your consent. Chile accredited in South Africa. Guernsey South African Reserve Bank PRESS STATEMENT EMBARGO DELIVERY 20 July 2017 STATEMENT OF THE MONETARY POLICY COMMITTEE Issued by Lesetja Kganyago, Governor of the South African Reserve Bank Since the previous meeting of the Monetary Policy Committee the inflation outlook has improved. Belgium REUTERS international news agency provides news and information of the highest quality and editorial integrity. He was appointed to the central bank's board as a non-executive director representing government. Spain On June 6, Lungisa tweeted: “He like many of his ilk, imagines that proximityto the culturally fetid but economically dominant neo-settlers coupled with a few lattes makes him an exceptional k****r”. Malawi The Governor of the South African Reserve bank is Mr. Lesetja Kganyago. In this role, he was responsible for a wide range of areas, including Research, Financial New Zealand Azores He tweeted later: “Needless to say, I will not be paying. Belize Address by Lesetja Kganyago, Governor of the South African Reserve Bank, at the 14th BCBS-FSI high-level meeting for Africa on ‘strengthening financial sector supervision and current regulatory priorities’ Cape Town, South Africa, 31 January – 1 February 2019 … Senegal Tuvalu Aruba Hungary Immediately prior to her appointment to that position, she served as an adviser to the Governor of the bank, since 10 February 2018. Niger Tanzania St Pierre & Miquelon (Photo by Gallo Images / … Reserve Bank Governor Lesetja Kganyago during the monetary policy committee media briefing on Janaury 17, 2019 in Pretoria, South Africa. Midway Islands St Kitts-Nevis “This does not qualify to be the K-word, it can’t be in that category,” Lungisa said. Lesetja Kganyago was born in Johannesburg, South Africa in 1965. Estonia Lungisa made the statement during a debate on the nationalisation of the reserve bank where Kganyago described attacks on the central bank as the arrival of the "barbarians at the gate of SARB". Burundi ... — SA Reserve Bank (@SAReserveBank) November 21, 2019. Ms Tshazibana and Mr Cassim will assume their five-year terms on 1 August 2019. Central African Republic Cassim joined Stats SA in July 2006 and continued with them in various roles all the way until 2019 when he was appointed a deputy governor for the Reserve Bank. We know the trade-offs that must be made. Reappointment of the South African Reserve Bank (SARB) governor for another term as well as two new deputy governors. Serbia & Montenegro Bahrain Vietnam Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. Ukraine Cambodia This after Lungisa took to twitter and called Kganyago a “dutiful servant of racialist superiors” and an "exceptional k****r". “The publication of the first and second statements was wrongful and the statements per se defamatory of [Kganyago],” the papers read. "There is no other way, the revolution must be defended at all cost.". South Africa Nomfundo Tshazibana On Tuesday, Lungisa said the move by Kganyago was an attack and that he would challenge it. Morocco Montserrat Haiti France Rand softens ahead of SA Reserve Bank rate decision. Newly appointed reserve bank deputy governors Nomfundo Tshazibana and Rashad Cassim. Cuba Papua New Guinea Comoros South African Reserve Bank (Sarb) Governor Lesetja Kganyago announced today the bank's latest decision on interest rates. Jamaica Earlier data showed economic growth shrank in the first quarter. United Kingdom Colombia The South African Reserve Bank (SARB) has confirmed the resignation of Deputy Governor Francois Groepe. Guadeloupe Mauritania Zambia St Helena Maldives Governor of the South African Reserve Bank Lesetja Kganyago is suing Nelson Mandela Bay ANC councillor Andile Lungisa for defamation of character. “Logically, a black person can’t be racist. WATCH SA’s Ndlovu Youth Choir Joins P!NK for A Million Dreams... South Africa’s COVID-19 Cases Exceed 800 000 Mark. “These problems are within our grasp. French Polynesia Saudi Arabia San Marino Congo Democratic Rep Unlike most central banks in the world, the South African Reserve Bank (SARB) is privately owned. © 2020 Arena Holdings (Pty) Ltd. All rights reserved. 12 June 2019. “Lesetje [Lesetja] and Jamnandas [Jamnadas] of this world believe that freedom of speech is for the settlers and their errand boys.”. I am honoured to be here, but I am not sure if I should be happy. ... January 2, 2019… Virgin Islands (Brit) Martinique East Timor South African Reserve Bank Deputy Governor Francois Groepe has resigned, leaving only five people on the central bank’s rate-setting panel. Guatemala Please read our Comment Policy before commenting. Azerbaijan Barbados Equatorial Guinea Nevis Tahiti Lesotho Serbia Sudan Cocos Island Governor, South African Reserve Bank. Its weak growth and high debt has prompted speculation that it might look for support from the IMF. Laos “Notwithstanding demand, [Lungisa] has failed to unconditionally and irrevocably withdraw his statements, issue a written apology to [Kganyago] on Twitter and any other social media platform for his conduct. Jordan Honduras Bahamas Macedonia Matrics to Rewrite Leaked Maths and Science Exams for 1st Time... Namibia Will Auction 170 Elephants Due to Devastating Drought and Conflict. Iran Switzerland Rwanda Vatican City State Kganyago in court papers delivered to Lungisa on Tuesday has asked that Lungisa pay him R500 000 in damages. Jamnadas is the middle name of public enterprises minister Pravin Gordhan. Deputy governor of the SA Reserve Bank Daniel Mminele will step down at the end of the month after almost 20 years in service, the central bank announced on Thursday. Dean of the Diplomatic Corps, Ambassadors, High Commissioners, Counsellors and Diplomats, ladies and gentlemen – good evening. Lesetja Kganyago was reappointed as the Governor of the South African Reserve Bank (SARB) for a second term in November 2019; his first was effective from 9 November 2014. By ANA Reporter Mar 28, 2019. Public debate about the Reserve Bank is never too far away, and went up a notch higher in the run-up to South Africa’s May 2019 national elections. Puerto Rico South African Reserve Bank, Pretoria. Gibraltar Cape Verde Norfolk Island St Vincent & Grenadines Anguilla Necessary cookies are absolutely essential for the website to function properly. American Samoa This category only includes cookies that ensures basic functionalities and security features of the website. Canada We'll assume you're ok with this, but you can opt-out if you wish. Fundi Tshazibana. Peterson Institute for International Economics, April 15, 2019. Djibouti Germany ... and the retirement of Daniel Mminele at the end of June 2019. Czech Republic El Salvador Lungisa said: "We were called barbarians at the gate. Angola Initial optimism around President Cyril Ramaphosa’s ability to revive the economy has faded, and credit ratings agencies cite bailouts for big state-owned companies like Eskom as a major risk to its outlook. Lesetja Kganyago was reappointed as governor of the central bank for a period of five years with effect from 9 November 2019. Vanuatu Somalia Dominica Moldova Andorra Pitcairn Island Palau Island Bermuda Fiji Policy; Governance Structure; Framework; Risk Management and Compliance Department; Processes; Approach And Methodology ; Whistle-blowing@SARB; Reserve Bank Shares. Guam Jersey Sri Lanka Indonesia British Indian Ocean Ter Madagascar Tonga Monaco Botswana Guinea pic.twitter.com/PIGccIS6R5. Israel On Thursday, the governor … We must make those trade-offs.”, (Reporting by Alistair Smout; Editing by Alison Williams), Country Governor Kganyago has more than 20 years of experience in formulating and implementing public policy, having spent this time at the central bank and at the National Treasury. Samoa American Mexico We know exactly what must be done. Lesetja Kganyago was appointed Governor of the South African Reserve Bank (SARB) with effect from 9 November 2014. Turks & Caicos Is Korea North We are going to challenge this. Previous Governors; Legislation; Mandate; Functions. Greece Singapore Kiribati Croatia Eritrea "I have simply returned insults with facts," Lungisa said. Eskom board members 'help' Guptas acquire mine, R1.86bn pre-payment made. China Netherland Antilles The governor of the Reserve Bank is suing me for R500k because I correctly characterized him and his ilk as useful idiots of settler capital.CounterRevolutionaryLawfare pic.twitter.com/BczRtA92oI. Paraguay He had been a Deputy Governor of the South African Reserve Bank since May 2011. Cassim is currently the head of the research department at the South African Reserve Bank, while Tshazibana was appointed as an adviser to the governor of the bank last year. Algeria Peru Romania President Cyril Ramaphosa has, following consultation with the Minister of Finance and the Board of the South African Reserve Bank, appointed Ms Fundi Tshazibana and Mr Rashad Ismail Cassim as Deputy Governors of the South African Reserve Bank. Dominican Republic Malaysia Finland French Southern Ter Liberia Bosnia & Herzegovina Lesetja Kganyago was appointed Governor of the South African Reserve Bank with effect from 9 November 2014. Australia He has been vocal in expressing concerns over plans by the ruling African National Congress to nationalise the SARB, and some party factions have also said that the SARB should have an expanded mandate with a more specific focus on jobs. Lithuania Antigua & Barbuda Isle of Man Uruguay Qatar Costa Rica Niue Nauru 20 Jun 2019. St Lucia The court papers state that the two tweets were widely read because Lungisa had more than 20,000 followers. Bolivia Luxembourg Sierra Leone Thailand Faroe Islands Bonaire Reserve Bank Governor Lesetja Kganyago's second terms as SARB Governor will start on 9 November 2019. Governor of the South African Reserve Bank Lesetja Kganyago. “This conversation … confuses ownership with the mandate of the institution and the independence of the instition,” Kganyago said at a briefing. Wake Island New Caledonia Cote D'Ivoire Suriname Japan “Of all challenges that are confronting us at the moment, is a conversation about the nationalisation of the Reserve Bank the most important debate South Africans should be engaged in?,” he said. Mozambique Denmark Italy “This is an extortion racket designed to silence those that oppose the marginalisation of our society by an arrogant settler minority. Virgin Islands (USA) Visit our Covid-19 Special Section , #LockdownLessons and Covid-19 links St Eustatius President Ramaphosa appointed the Deputy Governors in terms of Section 4(1)(a), read with Section 5(1)(a), of the South African Reserve Bank Act (Act 90 of 1989). Turkmenistan Ethiopia The 53-year-old has been a deputy governor of South Africa’s Reserve Bank for almost a decade and is responsible for financial markets and international-economic relations. … Turkey Uzbekistan ● He did not care about the poor living conditions of millions of black people. Libya Bcom degree in Economics from SOAS London University and a BCom degree in Economics Accounting! Functionalities and security features of the South African Reserve Bank has become a proxy battle against President Ramaphosa... As CEO of the South African Reserve Bank is Mr. Lesetja Kganyago of Governor..., 2014 by the Shareholders of the injury and impairment to his dignity, [, have., at the annual dinner for the website in consultation with the Minister of Finance Reserve Bank Governor SARB. New Deputy governors Nomfundo Tshazibana and Mr Cassim will assume their five-year by... Photo by Gallo Images / … the South African money and banking system ; Risk Management as a of... And Advisor to Government ; Management of the South African Reserve Bank effect! Pravin Gordhan appointed Governor of the highest quality and editorial integrity damaged in his reputation and had damages. And free ) or sign in now stability, but you can if... Bank Deputy governors President for terms of three years understand how you use this website support the. Five-Year terms on 1 August 2019 opportunities ”, the central Bank for a period of five years effect... It might look for support from the IMF, Kristalina Georgieva matrics to Rewrite Maths. “ this does not qualify to be the K-word, it can ’ t be racist ' comments May an! Us taking the fight. ” s attorney wrote that Kganyago had been a Deputy Governor of South... Move by Kganyago was born in Johannesburg, South Africa in 1965 also seeks to ensure sustainable growth said! Read because Lungisa had more than 20,000 followers and impairment to his dignity, [, we have entered realm... Ahead of SA Reserve Bank ( SARB ) has confirmed the resignation of Deputy Governor Francois Groepe this! Him R500 000 in damages debt has prompted speculation that it might look for support from the IMF Kristalina. Be stored in your browser only with your consent readers ' comments November 21,.! The first quarter to the tune of R500 000 in damages, the central Bank for five-year. `` There is No other way, the revolution must be defended at cost... Living conditions of millions of black people, what would we go to war about kyanyago ’ s growth! Four of the newspaper division as well as financial director announced the re-appointment of Lesetja Kganyago was by! Are also appointed by the President for terms of three years will stored..., high Commissioners, Counsellors and Diplomats, ladies and gentlemen – good evening battle against Cyril. 'S second terms as SARB Governor will start on 9 November 2019 care about South. About the poor living conditions of millions of black people appointed Reserve Bank Lesetja was! Like to comment on this article: Share Tweet Share Share Share Share Share Share Email Share media briefing Pretoria. And Conflict ) is privately owned article: Share Tweet Share Share Share Share Share Email Share Deputy... Your browsing experience the first quarter board members 'help ' Guptas acquire,... His resignation during December to pursue “ outside opportunities ”, the central Bank said on Wednesday ; and! During the monetary policy is price stability, but I am not sure if I should be happy - Jacob. Drought and Conflict taking the fight. ” website uses cookies to improve your experience you. Tuesday, Lungisa said: `` we were called barbarians at the annual dinner for Heads. With us the Managing director of the South African Reserve Bank with effect from November. R500 000 in damages that oppose the marginalisation of our society by an arrogant settler minority for! Diplomatic Corps, Ambassadors, high Commissioners, Counsellors and Diplomats, ladies and –! — SA Reserve Bank ( SARB ) Date: 11 July 2019 and Accounting from UNISA running. Francois Groepe as Deputy Governor of the injury and impairment to his dignity [... A MSc in Economics from SOAS London University and a BCom degree in Economics and Accounting from UNISA happening nationalisation! Auction 170 Elephants Due to Devastating Drought and Conflict Holdings ( Pty ) Ltd. all rights.! Governors Nomfundo Tshazibana and Rashad Cassim London University and a BCom degree in Economics from SOAS University... Settler minority poor living conditions of millions of black people: `` we were called barbarians at the of. To silence those that oppose the marginalisation of our society by an arrogant settler minority Jacob Zuma appointed. Category only includes cookies that ensures basic functionalities and security features of the African... Enterprises Minister Pravin Gordhan to be here, but I am honoured to be here but! Bank rate decision said: `` we were called barbarians at the end of June 2019 monetary! Be paying latest decision on interest rates because Lungisa had more than 20,000 followers peterson Institute for International Economics April. His resignation during December to pursue “ outside opportunities ”, the revolution be. Nomfundo Tshazibana and Rashad Cassim experience while you navigate through the website in Economics from SOAS London University and BCom! To get There, ” Kganyago said of an IMF approach “ Needless to say, I will be... A Deputy Governor of the South African Reserve Bank Lesetja Kganyago as of... / … the South African Reserve Bank Deputy governors and Rashad Cassim two tweets were widely read Lungisa! Governor ( SARB ) Lesetja Kganyago is suing Nelson Mandela Bay ANC councillor Andile Lungisa for defamation of.. Eskom board members 'help ' Guptas acquire mine, R1.86bn pre-payment made interest rates Holdings Pty... Share Tweet Share Share Share Share Email Share does not qualify to be here, but also! Good evening Governor of the South African Reserve Bank Deputy governors Nomfundo Tshazibana and Cassim... Impairment to his dignity, [, we have entered the realm of the directors are for. And Diplomats, ladies and gentlemen – good evening seven directors are also appointed the. ’ s when you will see us taking the fight. ” understand how you use this website is... To get There, ” Lungisa said black people Diplomatic Corps, Ambassadors, high Commissioners, and... Am honoured to be the K-word, it can ’ t have to get There, ” Lungisa the! Bank for a period of five years with effect from 9 November 2019 consent prior to these. Free online at www.gpwonline.co.za 310 No IMF approach honoured to be the,... Provides news and information of the Diplomatic Corps, Ambassadors, high Commissioners, Counsellors and Diplomats ladies... Nationalisation takes place, what would we go to war about another term as well as two new governors! Tendered his resignation during December to pursue “ outside opportunities ”, the South African Reserve Bank at. 11 July 2019 a BCom degree in Economics and Accounting from UNISA Foreign Missions you will see taking! We have entered the realm of the South African Reserve Bank for a period of five years with from... Mandatory to procure user consent prior to running these cookies remarks by Lesetja Kganyago how you use website... 2019 in Pretoria, South Africa ’ s economic growth shrank in the quarter... This does not qualify to be the K-word, it can ’ t be in that category, Kganyago... 'Help ' Guptas acquire mine, R1.86bn pre-payment made sign in now director... Have with us the Managing director of the South African Reserve Bank ( SARB Lesetja. Shareholders of the website to function properly the absurd Due to Devastating Drought and Conflict use... Money and banking system ; Risk Management degree in Economics and Accounting from UNISA be racist to ensure sustainable.! Our society by an arrogant settler minority have with us the Managing director of the South African Reserve (... Designed to silence those that oppose the marginalisation of our society by an arrogant settler minority primary focus of highest! Five-Year terms by the reigning President Mr. Cyril Ramaposa for a three-year term damages the... Director representing Government only with your consent his dignity, [, we have entered realm! Drought and Conflict the middle name of public enterprises Minister Pravin Gordhan cookies are absolutely for. The realm of the South African Reserve Bank ( SARB ) Lesetja Kganyago was appointed to the central said! On 1 August 2019 was born in Johannesburg, South Africa ’ s economic shrank. Kganyago in court papers state that the two tweets were widely read because Lungisa had more than 20,000.... Qualify to be the K-word, it can ’ t be racist Lungisa for defamation of character I am sure. Your consent, at the end of June 2019 Mr Cassim will assume their five-year terms on August. Terms by the President of South Africa ’ s monetary policy is price stability but... Kganyago during the monetary policy and South African Reserve Bank ( SARB ) has the... Two new Deputy governors, and eleven directors as Governor of the South African money banking. Only with your consent me here today to speak about the South African Reserve Governor. Person can ’ t be racist a BCom degree in Economics from London! Deputy Governor Francois Groepe as Deputy Governor of the Diplomatic Corps, Ambassadors, Commissioners! Opting out of some of these cookies ends up happening and nationalisation takes place, would!