Analyst Interviews

How does Eskom downgrade affect monetary policy? A revised look at economic stability

PUBLISHED: Mon, 05 Aug 2019 10:24:22 GMT

Recent troubles at South Africa’s electricity public utility Eskom have led to a revised outlook on the economy by Fitch ratings. For a discussion on the bank’s reaction to the latest downgrade and if the country’s monetary policy was ready for it, CNBC Africa’s Arnold Kwizera caught up with South African Reserve Bank (SARB) Governor, Lesetja Kganyago for more.

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