Lesetja Kganyago gets Black Business Council approval
Lesetja Kganyago is the “natural choice” for the job, the Black Business Council (BBC) said on Tuesday.
Gill Marcus
SA Midday Report 6 October with Leigh Riley
Industrials les the way; trading up 0.72% whilst Resource counters continue to flounder on the back of weaker commodity prices down more than half a percent this morning
UPDATED: Meet Lesetja Kganyago – new SARB Governor
The former Director General of the Department of Finance, Lesetja Kganyago, has been appointed to succeed Gill Marcus as Governor of the SA Reserve Bank.
Rand firms slightly, new SARB governor expected
South Africa’s rand firmed slightly against the dollar on Monday, finding some footing after a month-long slide that has taken it close to its weakest level in six years against the greenback
Viv Govender: Trevor Manuel should not have joined Rothschild
There are sure to be differing views about the reason behind Trevor Manuel’s appointment as a global advisor at the international Rothschild Group. Viv Govender of Vunani and I had a vigorous debate about the news – even delving into our differing perspectives of the financial impact of the battle of Waterloo. An entertaining discourse … Read more
SA won’t rush to appoint new Central Bank Governor- Nene
PRETORIA (Reuters) – The process to appoint South Africa’s new central bank Governor is underway, but the government will not rush through it, as it still has time, Finance Minister Nhlanhla Nene said on Thursday. Current Governor Gill Marcus unexpectedly announced last week she would step down at the end of her term on Nov. … Read more
Viv Govender: Sectors to avoid after September’s 60c Rand weakening
let’s get a more in-depth view of how the market’s trading today. Viv Govender from Vunani Private Clients is with us in the studio.
Azar Jammine: Bemused by nuclear deal process, but pleased action at last
After the outburst of public anger around South Africa’s $50bn nuclear power plant deal with Russia, chief economist Azar Jammine offered a more sanguine view.
Marcus a remarkable leader, says the BMF
Outgoing SA Reserve Bank Governor Gill Marcus is a remarkable leader, the Black Management Forum said on Monday. “Her leadership is demonstrated by how she has managed to build an amazing pipeline of talent and a truly professional team. She is indeed a remarkable and attuned leader,” the BMF said in a statement. “When the … Read more
Rand seen stable in data-dry week
JOHANNESBURG (Reuters) – South Africa’s rand steadied against the dollar on Monday, with traders and analysts expecting it to drift in a narrow range in a week bereft of market moving data and interrupted by a public holiday on Wednesday. Market nerves were on an even keel after Reserve Bank Governor Gill Marcus announced last … Read more