South African central bank deputy governor Naidoo asks to resign
KUBEN Naidoo, one of the deputy governors of South Africa's central bank, has asked to resign from his position, President Cyril Ramaphosa's spokesperson said. Spokesperson Vincent Magwenya said whether the president would accept Naidoo's resignation or any date of his departure, was "still under consideration". Naidoo is one of five members of the SARB's Monetary Policy Committee that decides on interest rates and an analyst said his departure, if accepted, may change the voting dynamics of the committee. "There is an impression that he is a little more dovish than the other members of the MPC," said Azar Jammine, chief…
