Kaya 959 Kaya Biz

SARB deputy governor Naidoo resigns from his role.

Loading player...
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

Other recent episodes

South African employment improves, but youth concerns persist

South Africa’s latest employment numbers are out, with Stats SA reporting an improvement of 0.2% in the fourth quarter of 2025. Nkosinathi Mahlangu, Head of the Youth Employment Portfolio at Momentum Group, argues that employer-driven opportunities are needed to give young people a real foothold in the economy.
31 Mar 4PM 9 min

SA fuel stations under pressure

Petrol stations are running dry nationwide as motorists rush to fill up ahead of record fuel price hikes expected from 1 April. South Africa braces for record fuel price hikes on April 1. To help address public concerns, we spoke to Avhapfani Tshifularo, Chief Executive of the Fuels Industry Association…
31 Mar 4PM 17 min

Key takeaways from South Africa’s 2026 Investment Conference

South Africa wants to move from promises to performance, and it’s aiming big — R2 trillion in new investment commitments over the next five years. For these and other highlights from today’s South African Investment Conference, Ipeleng Selele, Chairperson, Brand South Africa, joins the show.
31 Mar 4PM 7 min

Tech at the centre of SA’s investment story

As the country hosts the 2026 South Africa Investment Conference, government leaders are emphasizing a new phase of economic resilience, diversification, and digitalization. Takealot Group CEO, Frederik Zietsman, weighs in on the digital aspect after attending the conference.
31 Mar 4PM 7 min
All episodes