SA’s weak economic growth is due to unsustainable policies, and monetary policy alone cannot fix that, says Reserve Bank governor Lesetja Kganyago.
Data released on Tuesday showed Africa’s most-industrialised economy slumped into its second recession since President Cyril Ramaphosa came to power at the start of 2018, after GDP declined more than projected in the fourth quarter. That was largely blamed on power cuts that intensified in the period, knocking business confidence...
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