South Africa’s president Cyril Ramaphosa on March 15 reappointed the central bank’s senior leadership, including governor Lesetja Kganyago, and named a new deputy governor. 

Kganyago, who has led the South African Reserve Bank (Sarb) for a decade, will remain in post for another five years from November. Nomfundo Tshazibana and Rashad Cassim will also serve additional five-year terms as deputy governors.

Ramaphosa appointed a new deputy governor, Mampho Modise, to take over from Kuben Naidoo, who