Kganyago: We did not expect Mkhwebane’s findings

Lesetja Kganyago says despite his initial shock, he does welcome debate around the mandate of institutions.

SA Reserve Bank Governor Lesetja Kganyago. Picture: Gaye Davis/EWN.

CAPE TOWN - Reserve Bank Governor Lesetja Kganyago has opened up about his reaction to the Public Protector’s findings.

In an interview with Eyewitness News, Kganyago touched on Busisiwe Mkhwebane's controversial report.

Kganyago spoke of the shock he felt when the Public Protector tabled her report.

“I don't know whether I should say I was angered, baffled or shocked. It was probably a mixture of all of them because we did not expect the investigation to deal with this.”

The governor says that despite his initial shock, he does welcome debate around the mandate of institutions.

“But those discussions need to be based on facts, have got to be informed and [be] honest and rigorous. Don't just throw around slogans.”

Kganyago says that the aim of most central banks globally is to ensure price stability in order to help achieve other goals like economic growth.

WATCH: Sarb's Lesetja Kganyago chats economics, Mkhwebane and more

(Edited by Winnie Theletsane)