Reserve Bank expects core inflation to average 3.9% this year - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

Kganyago told Members of Parliament that the recent increase in core inflation points to second round effects which could result in more workers demanding higher wages,The bank expects core inflation to average 3.9% this year. South Africa has since the onset of the COVID-19 pandemic faced multiple economic issues such as unemployment,While the country’s growth remains low and inflation high, Kganyago says commodity prices are starting to moderate.

Kganyago expects the second quarter growth to slow from the previous quarter due to the recent floods in KwaZulu-Natal and rolling blackouts among other factors.

Ja we have to keep forking out money to feed the already bloated goats

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Reserve Bank cautions of implications of SA possibly being grey listed - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Reserve Bank Governor Lesetja Kganyago has cautioned that the threat of the country possibly being grey listed, should be taken very seriously. Mxm Blame the looting ANC. We warned ANC about porous borders out of love of our country.We complained about unfair competion from foreigners.We were insulted,told to learn from foreigners to run spaza shops.Instead of ANC investigating the source of their products.Covid showed us why they are cheap.
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