Give Gigaba time, says SARB Governor Kganyago

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SARB governor Lesetja Kganyago.
SARB governor Lesetja Kganyago.

Washington - New Finance Minister Malusi Gigaba should be given time to settle into the job before being judged on his performance, according to SA Reserve Bank (SARB) Governor Lesetja Kganyago.

President Jacob Zuma’s decision to fire Pravin Gordhan as finance minister hasn’t affected ties between the SARB and the National Treasury, Kganyago said in an interview on Thursday in Washington.

The minister “needs to be given time to create the rapport with his team at the Treasury”, he said. “It’s a very competent team and hopefully he is able to hold on to that team.”

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