Kganyago justifies Sarb’s response to ‘troubling mix’ of issues
Sarb governor says public should be “satisfied”, but not happy with economic outlook
South Africa is battling a "troubling mix" of growth, inflation and unemployment problems, the governor of the South African Reserve Bank (Sarb) said today (September 7), and monetary policy cannot "single-handedly" resolve the issues.
Lesetja Kganyago was speaking at the Nelson Mandela Metropolitan University Business School, discussing how the broader environment affects the monetary policy trajectory.
Focusing on three factors – rising food prices, the exchange rate and the structure of the
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