Central bankers must leave their ‘ivory towers’ – South African governor

L to R: Christopher Jeffery and Lesetja Kganyago
L to R: Central Banking’s Christopher Jeffery with Lesetja Kganyago at NALM Europe 2018

The governor of the South African Reserve Bank has said it is time central bankers “come down from their ivory towers” in order to engage with the rest of society.

Lesetja Kganyago received the Governor of the Year award at Central Banking’s annual awards dinner in London on March 1.

South Africa’s central bank came under sustained public criticism in the last year from the African National Congress administration led by then-president Jacob Zuma. The country’s “public protector”, an official

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