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SARB deputy governor Naidoo resigns from his role.

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GUEST – Dr Azar Jammine, director and chief economist at Econometrix

Deputy governor of the SA Reserve Bank Kuben Naidoo has tendered his resignation to President Cyril Ramaphosa. Naidoo's second five-year contract was due to end in March 2025. He is one of three deputy governors. Naidoo's last day has not been finalised and discussions between Ramaphosa, Governor Lesetja Kganyago, and Finance Minister Enoch Godongwana are still in process.

A spokesperson for the Reserve Bank, Thoraya Pandy, referred queries to the Presidency, which is the appointing authority for the governor and their deputies. Appointments are made in consultation with the finance minister and the board of the Reserve Bank.
23 Oct 2023 4PM English South Africa Business News · Investing

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