Politics Hampers South African Central Bank, Governor Says
- Discourse on central bank’s role based on rhetoric: governor
- Rand likely to remain volatile as long as uncertainty persists
SARB Didn’t Miss Chance to Cut Rates, Says Kganyago
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Politics is complicating efforts by South Africa’s central bank to set monetary policy and keep inflation under control, according to Reserve Bank Governor Lesetja Kganyago.
“Our job is already difficult,” Kganyago said in an interview with Bloomberg TV in London. “What the politics does is that it just adds to the complexity.”