Governor of the South African Reserve Bank, advocating for regulatory reforms in the fintech sector.
If it quacks like a duck: Kganyago on regulating fintechs
Reserve Bank governor Lesetja Kganyago announced the forthcoming National Payment System Bill at the MTN Group Fintech Summit. The new regulatory framework will shift from an entity-based model to an activity-based model for payment activities.
Global Trade Tensions and Potential VAT Hike Pose Risks to South Africa’s Economic Stability
Lesetja Kganyago warned that global trade tensions could undermine South Africa's inflation stability. The G20 presidency of South Africa is overshadowed by the potential for a global trade war.
