EDITORIAL: Urgent need to clear Reserve Bank of ANC spell
The president should already have announced new deputy governors and renewal of governor’s term
Insofar as the currency markets hardly reacted, with the rand driven by external factors, the impending retirement of Daniel Mminele as Reserve Bank deputy governor was hardly a surprise. His future has been the subject of speculation for months, and reasons for him to call it a day at the end of his second five-year term are compelling enough.
He leaves after almost 20 years, which by anyone’s standard is a long time serving a single organisation. Since his commitment and sense of duty to the Bank and the identity it has developed over the past two decades cannot be questioned, one can hardly begrudge him a desire to explore new ventures...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.