Let’s keep in mind that for every digital payment we make, we contribute to transforming this 1/2  BIS central bankers' speeches  country to a cash-lite economy where we could reap enormous benefits such as greater efficiencies in funding flows, increased transparency and security of financial transactions, and more inclusive financial system, just to name a few.
Monetary Policy: Why we target inflation – an address by Lesetja Kganyago, Governor of the South African Reserve Bank, at the University of KwaZuluNatal Durban 25 April 2017 Good evening, and thank you for the opportunity to deliver this lecture on why we target inflation. Introduction  South Africa is at an intensely contested, creative moment in its history.