Johannesburg, S. Africa | Xinhua | South African Reserve Bank decided to increase the repurchase rate starting Friday by 25 basis points to 3.75 percent, the first time in three years, its governor Lesetja Kganyago announced on Thursday. Kganyago cited inflation as reason of the hiking. “Inflation risks have increased and …
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Top job for South African Lesetja Kganyago gives African countries sway Kampala, Uganda | DANNY BRADLOW | South Africa’s Reserve Bank Governor, Lesetja Kganyago, has been selected as the first sub-Saharan African to serve as chair of the International Monetary and Finance Committee. The chair is appointed by consensus. The three-year …
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Washington, United States | AFP | South Africa’s central bank chief Lesetja Kganyago will take over as chair of the International Monetary Fund’s policy advisory committee, the IMF announced Thursday. Kganyago, who has served as governor of the South African Reserve Bank since late 2014, takes on a three-year post …
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The Independent Uganda: You get the Truth we Pay the Price