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

Type
Speech
Subtype
Central banker's speech
Date delivered
29 July 2019
Country
South Africa
Public lecture by Mr Lesetja Kganyago, Governor of the South African Reserve Bank, at the University of South Africa, Pretoria, 24 July 2019.

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.