Governor Lesetja Kganyago outlines third term priorities
CNBC Africa’s Fifi Peters sat down with South African Reserve Bank Governor, Lesetja Kganyago for more.
Wed, 03 Apr 2024 15:58:11 GMT
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AI Generated Summary
- Governor Kganyago reflects on the history and motivations behind serving a third term as the only governor to do so in the country's history.
- He discusses the challenges and economic cycles he has navigated during his previous terms, including the impact of events like COVID-19 and the African Bank collapse.
- Kganyago addresses the potential revision of the inflation target band, emphasizing the need to lower inflation to enhance South Africa's competitiveness.
South African Reserve Bank Governor Lesetja Kganyago sat down for an exclusive interview with CNBC Africa's Fifi Peters to discuss his unique position as the only governor to serve three terms. Kganyago delved into the history behind his reappointment and shared insights into his motivations and priorities for his third term. With over 30 years of public service under his belt, Kganyago highlighted the importance of serving the people of South Africa and the challenges he has faced during his previous terms. The conversation also touched on the potential revision of the inflation target band, signaling a potential shift towards lower inflation targets in the country's monetary policy.
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