Reserve Bank governor Lesetja Kganyago.
Cranking up interest rates again won’t do any good. It will push more people into poverty, but for now, the SA Reserve Bank is rendered impotent in the face of continued exogenous shocks, says Renée Bonorchis.
The South African Reserve Bank’s mandate is clear and, thankfully for all of us, it has doggedly stuck to its role, even in the toughest of times.
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