https://www.polity.org.za
Deepening Democracy through Access to Information
Home / Statements RSS ← Back
Close

Email this article

separate emails by commas, maximum limit of 4 addresses

Verification Image. Please refresh the page if you cannot see this image.

Sponsored by

Close

Article Enquiry

BBC: BBC congratulates Governor Lesetja Kganyago's appointment for a second term

Verification Image. Please refresh the page if you cannot see this image.
Close

Embed Video

BBC: BBC congratulates Governor Lesetja Kganyago's appointment for a second term

SARB Governor Lesetja Kganyago

12th July 2019

SAVE THIS ARTICLE      EMAIL THIS ARTICLE

Font size: -+

The appointment of Lesetja Kganyago, for a second term as the Governor of the South African Reserve Bank, will provide much sought-after certainty at the central bank. The BBC welcomes it.

On the appointment of the interim board of directors of the Public Investment Corporation (PIC), the BBC is of the view that, ultimately, the PIC needs a permanent leadership that will steer the organisation forward. We wish the interim board in its entirety, much success. The PIC is an important state-owned entity with R2.083 trillion of assets under management (as of 31 March 2018). It is Africa's largest asset manager.

Advertisement

The PIC remains the hope for the marginalised black business people who were historically excluded from participating in the mainstream economy. In the overall scheme of things, the PIC has been of great value to black business. It should be given space to continue doing so, both through unlisted, private equity investments and through funding black business to acquire significant interests in listed equities.

Issued by BBC

Advertisement

EMAIL THIS ARTICLE      SAVE THIS ARTICLE ARTICLE ENQUIRY

To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here

Comment Guidelines

About

Polity.org.za is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Mining Weekly
Research Channel Africa

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Polity.org.za is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Free daily email newsletter Register Now