After a year in which SA’s central bank has had to fend off something of a populist onslaught, its leaders have been winning global awards, accolades and appointments. Over the past couple of weeks, Reserve Bank governor Lesetja Kganyago has been appointed chair of the International Monetary and Financial Committee, which is the key policy advisory body for the IMF. He has also been announced central bank governor of the year by Central Banking magazine, whose awards are based on a vote by the world’s central bankers. Nor has Kganyago, who was chosen by the Sunday Times as its business leader of the year in 2017, been the only one with accolades. Reserve Bank deputy governor Daniel Mminele received Germany’s highest tribute in January, when he was awarded the Order of Merit of the Federal Republic of Germany in a ceremony in Pretoria at which German ambassador Martin Schäfer handed over the award. The award, which is the highest tribute that country can give to individuals, honoured...
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