in brief
Oct 04, 2019
3 minutes
“THERE ARE RISKS A CHANGE IN THE ENVIRONMENT COULD FORCE AN OUTRIGHT-TIGHT POLICY STANCE.”
– (Sarb) in its latest monetary policy review, released on 1 October. Referring to the scale of South Africa’s economic challenges, as well as global risks, the Sarb emphasised that “To control these risks, South Africa needs reforms. These are likely to entail some short-term pain. The cost of postponing reforms further, however, is rising at an accelerating rate.” The Sarb’s review
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