South African Reserve Bank Deputy Governor gets Germany’s highest tribute


German President Frank-Walter Steinmeier has bestowed the Great Order of Merit on Aaron Daniel Mminele, South African Reserve Bank Deputy Governor, honouring him for his work in furthering German-South African relations.

German Ambassador Dr Martin Schaefer is to hand over Germany’s highest tribute to Deputy Governor Mminele on 23 January 2018, at a ceremony also to be attended by German Bundesbank Executive Board Member Dr. Andreas Dombret.

“With this award, our President acknowledges the outstanding contribution Deputy Governor Mminele has made to improving and furthering the relations between our two nations”, said Ambassador Dr Martin Schäfer. 

“Through his activities and commitments he has showcased the values that South Africa and Germany share: Deputy Governor Mminele is a believer in the merits of international cooperation and globalization which is inclusive and responsive to the needs of all.”

Aaron Daniel Mminele went to school in Hamm, Germany and concluded his vocational training at the Sparkasse Paderborn before starting what was to become a highly successful career at the Westdeutsche Landesbank in Düsseldorf.

Over the past few decades, Mminele dedicated himself to furthering relations between Germany and South Africa on many different levels, both in a professional and private capacity.

As Deputy Governor of the South African Reserve Bank, Mminele helped deepen the cooperation between the SARB and Germany’s central bank, the Bundesbank.

“South Africa and Germany look back on a long history of strong economic ties,” said Dr Andreas Dombret, Bundesbank Executive Board Member.

“Deputy Governor Mminele rendered outstanding services to this close cross-border cooperation between our two central banks. The Bundesbank is grateful for his valuable commitment.”

Mminele’s commitment to improving the ties between South Africans and Germans has not only been confined to financial and economic matters.

During 2003 to 2010, he also served as a member of the board of the Deutsche Internationale Schule Johannesburg, including as Deputy Chairman, thus dedicating himself to promoting the collaboration between young people from both countries.

By conferring the Great Order of Merit to Mr. Aaron Daniel Mminele, the German President has recognized Daniel Mminele’s exceptional commitment to South African-German relations.

“I am truly humbled and honoured to receive this award from Bundespräsident Frank-Walter Steinmeier, handed over by Ambassador Schäfer. It will serve as a source of inspiration and encouragement to continue to work with colleagues in both Germany and South Africa to enhance the already strong relationship between our countries, and to promote the objectives we share for international financial and economic coordination and cooperation”, said Mminele.

The Order of Merit of the Federal Republic of Germany was instituted in 1951. It is the highest tribute the Federal Republic of Germany can pay to individuals for services to the nation. It is awarded for achievements in the political, economic, social or intellectual realm and for all kinds of outstanding services to the nation in the field of social, charitable or philanthropic work. 


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Bontle Moeng is the Founder and Managing Director of BizNis Africa. Moeng has spent 16 years working in the digital and online media industry across Africa. She applied her trade at True Love magazine prior to discovering her passion for Investment news in key sectors across Africa. Moeng previously worked for ITWeb, Starfish Mobile Technologies, ITNewsAfrica, AVATAR Agency, eNitiate, Global Interface Consulting and Havas Johannesburg. Her primary focus is to provide solid and valuable content on investment opportunities for the ICT, Energy and Mining sectors across Africa. In addition, the online news publication assists global companies to expand their presence in Africa. Email:

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