Appointment of new Reserve Bank governor

Original publish date – Tue, 21 Jul 2009 07:11:30 +0000, Cornilius

What will the detractors of BEE say now that a Black man has been replaced by a White person to head the South African Reserve Bank?

Personally, I see no problem with the appointment as long as she is the best candidate in the market. I have always supported the notion that BEE should make good business sense.

This appointment should send a strong message to those who think BEE is applied blindly on the basis of colour. BEE is about a progressive nation where every race is given an opportunity to contribute towards economic growth.

 

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