We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

Reserve Bank governor Lesetja Kganyago has reiterated his call for a shift in SA’s inflation targeting to a specific percentage near the bottom of the current range, even as he acknowledged it may entail short-term costs and needs support from government price setters.

SA’s central bank has nursed the economy through the shock of the Covid-19 outbreak and lockdowns by cutting the benchmark interest rate to the lowest level in about five decades and keeping it there, even as emerging-market peers such as Russia, Brazil and Turkey have increased theirs. That is because SA has comfortably kept inflation within the 3% to 6% target...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now

Would you like to comment on this article?
Register (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.

Commenting is subject to our house rules.