Lesetja Kganyago to stay on as Reserve Bank governor

Reserve Bank Governor Lesetja Kganyago.

File: Reserve Bank Governor Lesetja Kganyago.

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JOHANNESBURG - Reserve Bank governor Lesetja Kganyago will stay on as governor of the bank for the next five years.

President Cyril Ramaphosa re-appointed Kganyago together with two new deputies.

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Fundi Tshazibana and Dr Rashad Cassim will assume deputies governor positions for a period of five years each.

Kganyago’s second five-year term is effective from November.

Tshazibana and Cassim who both hold positions within the bank, start their five-year terms on the first of next month.