SARB Governor Kganyago explains reasons for keeping rates on hold

PUBLISHED: Thu, 21 Sep 2017 14:00:29 GMT
Share


With August’s inflation coming in just below economists’ forecasts, increased rand weakness and the US starting its great unwind, the South African Reserve Bank decided to keep rates unchanged. Lesetja Kganyago, Governor of the South African Reserve Bank explains the reasoning and discusses KPMG.

Sign Up for Our Newsletter Daily Update
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.