Sarb’s Mminele concerned about ‘geopolitical risks’

daniel-mminele

A deputy governor of the South African Reserve Bank (Sarb) has said rising anti-globalisation and protectionist rhetoric are at the top of his list when it comes to the challenges the central bank will have to face in 2017.

Speaking in East London, South Africa, on February 24, Daniel Mminele said there were several "geopolitical risks" that will need to be "managed carefully" so as to not "undermine" South Africa's recovery this year.

Mminele said a "more favourable" global backdrop would help

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