Sarb deputy sees tail risks from Brexit but expects storm to calm

Daniel Mminele
Deputy governor Mminele explains risk of 'Brexit' to South African economy

The implications of 'Brexit' on the South African economy through direct trade links are expected to be "relatively minimal", a deputy governor of the country's central bank has said.

Speaking at the University of Zululand, Daniel Mminele stressed the United Kingdom only accounted for 4% of merchandise exports in 2015. Effects from the UK's vote to leave the European Union are expected to come through the other channels, he said.

"The financial linkages between South Africa and the UK are

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