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Delivering on mandates

· Lesetja Kganyago, Governor of the South African Reserve Bank (South Africa)

Summary written by Dark Majestic in its own words · topics: development and emerging economies, growth, investment and productivity

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· Lesetja Kganyago Wiki · South African Reserve Bank WikiDelivering on mandates

ContextAddress by Lesetja Kganyago, Governor of the South African Reserve Bank, at the INCA Capacity Building Fund (ICBF) Summer School, Johannesburg, 5 February 2024.

Why it mattersKganyago links power and water shortages to weak municipal capacity.

Problems raised
  1. South African municipalities fail to deliver services.
  2. Power and water shortages persist.
  3. State capacity is weak.
Solutions proposed
  1. Build state capacity at municipal level.
  2. Deliver on mandates.
  3. Attract investment with better governance.
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