Economics

Kganyago Confident on South Africa Economic Growth After Rebound

  • Central bank maintains forecast for growth of 0.6% in 2019
  • Monetary policy remains accommodative, little room to move
South Africa's Kganyago Says SARB Policy Is Still Accommodative
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A surprise rebound in economic growth in the second quarter means Africa’s most-industrialized economy is on track to expand this year, central bank Governor Lesetja Kganyago said.