Tito Mboweni urges scrutiny of inflation basket

SOUTH AFRICA - Central bank governor Tito Mboweni has urged academics to analyse the country's inflation targets, as part of a challenge to make research institutions become more relevant to public policy.

Mboweni's comments to academics from the University of Cape Town (UCT) late on Tuesday come amid heated debate over the wisdom of the government's decision to set ambitious inflation targets for an emerging economy like South Africa, Business Africa reported.

The country is set to miss its th