Lesetja Kganyago: Delivering on our mandate - monetary policy, inflation, and balanced and sustainable growth

Public lecture by Mr Lesetja Kganyago, Governor of the South African Reserve Bank, at the University of South Africa, Pretoria, 24 July 2019.

The views expressed in this speech are those of the speaker and not the view of the BIS.

Good morning, ladies and gentlemen.

Today, I would like to talk about the South African Reserve Bank's (SARB) mandate: what it is, how we interpret it, and where we are in our national conversation about the SARB.

Although central banking has a global reputation for being boring, in South Africa it has been getting a lot of attention. Much of this is welcome: it is largely a useful opportunity for improving public understanding of what the SARB does, while we at the SARB also learn and benefit from our interactions with people all over South Africa.