Central Banks
South Africa’s Kganyago Says Job ‘Not Yet Done’ on Inflation
- Weaker rand would be risk to inflation, he tells Bloomberg TV
- South African Reserve Bank governor speaks in Jackson Hole
Lesetja Kganyago
Photographer: Waldo Swiegers/BloombergThis article is for subscribers only.
South Africa’s central bank governor warned that there are still risks to inflation, even as he acknowledged that the rate has come down significantly.
“We are focused on the outlook for the South African economy for both growth and inflation. The job is not yet done,” Lesetja Kganyago told Bloomberg Surveillance in Jackson Hole, Wyoming on Friday.