#SHSI S2 Episode 21 - Lesetja Kganyago's Reserve Bank is Quietly Rewiring South Africa's Economy #ATMFees

The South African Reserve Bank is quietly engineering three of the most significant monetary policy shifts in a generation — and most South Africans have no idea it's happening. In this video, I unpack the Cash Smart Strategy that could bring ATM fees to almost zero, the new 3% inflation target replacing the 25-year-old framework, and the proposed abolition of the prime lending rate that affects R3.2 trillion in contracts. With R180 billion in cash circulating through an economy where 62% of take-home pay goes to debt repayments, these changes will reshape how ordinary South Africans access money, manage debt, and navigate the cost of living. From the Geldmaat model being adapted for our cash utility to the fierce debate between monetary hawks and social delivery advocates, this is the financial story that affects every rand in your pocket.