SARB Signals Review of Inflation Target: Governor Kganyago Weighs In
Lesetja Kganyago, the Governor of the South African Reserve Bank, recently indicated that a review of the nation’s inflation target is nearing completion. Speaking at a European Central Bank forum in Sintra, Portugal, he discussed the current inflation situation in South Africa and the necessity for restrictive monetary policies. This review could pave the way for adjustments in how inflation is managed in the country. Investors in South Africa should keep an eye on these developments, as they may have significant impacts on future monetary policy and economic stability.