LESETJA KGANYAGO: The reasons why SA can expect better growth over the medium term

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There is scope for further reforms and an impressive amount of low-hanging fruit is available, should we develop an interest in picking it


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 /  🏆 12. in ZA

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Lesetja Kganyago wants SA to have more banksMore entrants into the banking system will mean lower costs to consumers, but the newcomers will have to play by the rules, says the Reserve Bank governor No let nationalise reserve bank
Source: BDliveSA - 🏆 12. / 63 Read more »

Viceroy Research is a ‘hit squad’, says Lesetja KganyagoThe Reserve Bank governor says Viceroy profits unethically from its reports and has escaped sanctions from local regulators as it is domiciled elsewhere Uhm we knew they were a short-seller a year ago already manipulating the markets for financial gain...the US should have investigated them a year ago already...
Source: BDliveSA - 🏆 12. / 63 Read more »

Reserve Bank not listening to raging populist voices, Lesetja Kganyago assures‘We cannot stop some people from saying populist things, but we can win the policy debates — and we are winning,’ Kganyago told an investor conference in New York I have a serious problem with Lesetja’s tendency to label the views he suffers with as “populist” which is a tactic used mostly by those with weak arguement.Arch Bishop Tutu would advise him to improve his argument rather label and raise his voice ...
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South Africa’s weak GDP won’t spur populists, Lesetja Kganyago says“South Africa has its share of populists who want to do radical things,” Lesetja Kganyago said. “But it’s increasingly clear that the center will hold. We have strong institutions, and we have the better arguments.” Shut up and do your job. Cut interest rates. What about the implementation of said policies or you just like winning debates? Which policy debate this chap referring to?
Source: SundayTimesZA - 🏆 47. / 51 Read more »

South Africa spends too much time on populism - Lesetja KganyagoSouth Africa spends too much time debating populist issues such as the proposed nationalisation of the central bank, instead of focusing on steps to boost the economy, Reserve Bank Governor Lesetja Kganyago said. CoruscaKhaya Utlwang this IMF stooge. did he even say thiseish you can't trust media though CoruscaKhaya redgenkosi what does this mean: “Given this mix of stimulatory and contradictory elements, fiscal policy is perhaps best described as having one foot on the brake and the other on the accelerator,” it said.” I’m so confused right now 😕😰
Source: SundayTimesZA - 🏆 47. / 51 Read more »

[LISTEN] Sarb's Lesetja Kganyago opens up about his moneyTalk Radio 702 presenter Bruce Whitfield talks to Lesetja Kganyago about being the central bank governor, money and saving.
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Kganyago: 'It’s important to assess why SA isn’t growing at required pace'Growth and proper policy implementation will top the agenda at a high-level meeting of the nation’s financial leaders on Friday morning. Corruption ! Corruption ! Corruption ! Corruption ! Corruption ! There is no need to assess SAReserveBank. Looting and incomptent ppl r the problem. Because you still have majority locked out of the economy that is concentrated on the of the minority
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Retail sector notches up better than expected growth for OctoberRetailers in household furniture, appliances and equipment led the way with a 10.1% boost
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Economic growth in SA set to be better this year – if Eskom keeps the lights onNewsletter| The real economy grew by a “rather dismal” 0.9% last year, according to Johann Els, chief economist of the Old Mutual Group. This year should be better with growth of 2% – if Eskom can keep the lights on, that is
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SA is better than you think — Adrian Gore explains whySouth Africa is a better place to invest than people think‚ says Discovery Limited founder Adrian Gore‚ who believes that people should be 'optimistic' about the future. Agree 100% SA has so much going for it, assuming one turns a blind eye to the 'road angel' dictating our current heading straight into a perfect storm called Who Knows What. Tell that to the 8 million plus people who go to bed without a meal for the day or the unemployed desperate to work. Tell those who cannot afford medical aid
Source: SundayTimesZA - 🏆 47. / 51 Read more »