· Lesetja Kganyago Wiki · South African Reserve Bank WikiInstitutions, leadership and the populist challenge
Read full speech on bis.org ↗ContextKeynote address by Lesetja Kganyago, Governor of the South African Reserve Bank, at the Arbitration Foundation of Southern Africa, Johannesburg, 13 February 2025.
Why it mattersSouth Africa's governor warns that populism and weak public institutions threaten the economy.
Problems raised
- Populism challenges institutions.
- Public sector performance is weak.
- Leaders lack urgency.
Solutions proposed
- Strengthen institutions and leadership.
- Improve public sector performance early.
- Modernise South Africa's payment system.