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PUBLICATION DETAILS

Title :
Opening address by Governor Lesetja Kganyago Governor of the South African Reserve Bank at the 2024 Payments Conference
Published Date:
2024-10-02
Last Modified Date:
2024-10-02, 09:50
Category:
Speeches > Speeches by Governors | Media > Media Releases | What's New

To set the stage for our discussion over the next two days, first, I will briefly reflect on the past to assess our progress in modernising payments. Then, I will turn to the present, where much of society still relies heavily on central bank money – or cash – even as peer countries adopt digital payments at scale. Finally, looking ahead, I will discuss our efforts to modernise the payments ecosystem and our strong preference, as the custodian of the national payment system, to reduce reliance on cash.

Attachments:
Opening address by Governor Lesetja Kganyago Governor of the South African Reserve Bank at the 2024 Payments Conference
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