CNBC Africa


SARB Governor Kganyago keeps rates on hold at 3.5% (full speech)

PUBLISHED: Thu, 19 Nov 2020 13:58:42 GMT

CNBC Africa

With Europe and the U.S experiencing a fresh spike in COVID-19 cases, new lockdowns and curfews, the South African Reserve Bank decided to keep rates unchanged. Lesetja Kganyago, Governor of the South African Reserve Bank explains the reasoning and discusses the country’s growth outlook for the year….