BUSINESS DAY TV: ‘Banking industry remains well-run but conservative’
Banking Association of SA MD Cas Coovadia discusses the appointment of Dondo Mogajane as director-general for the National Treasury
Cas Coovadia is the MD of the Banking Association of SA. BUSINESS DAY TV: The markets have welcomed the choice of director-general for the National Treasury. Dondo Mogajane has been acting in the post since Lungisa Fuzile left in the middle of last month. He takes that job permanently from today. The Banking Association says his appointment is a clear sign of the institutional stability of National Treasury and it bodes well for confidence in the economy. MD Cas Coovadia joins us on the line this evening. Cas … it seems like more old regime than new regime association is what is winning favour with the markets right now, given Dondo Mogajane’s track record at Treasury. If that is the case do you think he has the stamina to withstand what could prove to be a pressurising new regime with a new agenda? CAS COOVADIA: We’ve had the experience of working with Dondo for quite some time, both as the Banking Association of SA and as the CEO Initiative. He has shown himself to have a number o...
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