Gaps in the SARB’s inflation-targeting debate
The Reserve Bank seeks a lower inflation target, but weak research, rising costs and flawed data stand in the way. Swift government reforms are
The SARB’s schizophrenic policy guidance
To avoid unnecessary market volatility, the monetary policy committee needs to improve how it communicates its judgments and policy preferences.
The SARB’s Trump headache
Donald Trump’s ‘America First’ policies threaten to stoke inflation worldwide. Investors and households better brace for fewer interest rate cuts
Why Kganyago’s stingy rate cut was exactly right
The Reserve Bank’s hammer may be a blunt tool, but it’s the wiser move.
The diary of a wimpy governor
The South African Reserve Bank’s monetary policy committee (MPC) cut interest rates by 25 basis points (bp) yesterday, inviting an unusual question: what is
Mboweni, Mandela, Mobutu, and the shaping of South Africa’s economy
In the interregnum between the release of Nelson Mandela in 1990 and the first democratic elections in 1994, a young Tito Mboweni persuaded Mandela
The SARB could’ve cut rates. Could a short recession loom?
Reserve Bank governor Lesetja Kganyago faced dissension in the ranks during the most recent meeting of the six-member monetary policy committee (MPC) he heads,