South Africa's economic prospects do not look promising, and structural reforms are urgently needed to boost productivity, central bank Governor Lesetja Kganyago said on Wednesday.
Central bank governor says economic prospects not promising
Speaking at a conference, Kganyago said maintaining consistently low and stable inflation was the best contribution the South African Reserve Bank could make to balanced growth.
Speaking at a conference, Kganyago said maintaining consistently low and stable inflation was the best contribution the South African Reserve Bank could make to balanced growth.
The central bank has said the economy is expected to grow by 0.6 percent this year compared with a forecast of 0.9 percent given by the National Treasury.
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
Recommended articles
Yahaya Bello stripped of police protection as IG withdraws officers attached to him
No need to run when EFCC invites you, Cubana Chief Priest advises Nigerians
Immigration places wanted Yahaya Bello on watchlist, unveils his passport details
Oyo govt justifies demolition of Yoruba Nation agitators’ building
NAFDAC raids popular supermarket in Abuja for selling counterfeit products
Iranian morality police crack down on women who don't wear headscarves
FG sets up committee to compensate landowners affected by Lagos-Calabar road project
Kano Gov remains a bona fide member of our party - NNPP debunks suspension
We need ₦3.2trn to pay electricity subsidy in 2024 - FG
Pulse Sports
Lionel Messi's son breaks the internet after scoring five goals for Inter Miami
Naija Stars Abroad: Onyedika, Boniface, and Osimhen shine across Europe
Victor Osimhen and Tobi Amusan make list of Forbes’ 30 under 30 Class of 2024
ADVERTISEMENT