SARB Governor Lesetja Kganyago is due to announce the MPC’s September decision on South Africa’s 7% policy rate, after economists differed over a 25-basis-point hike or a hold.
South Africa’s economic recovery is showing green shoots — but the threats to it are mounting.
The South African rand continues its impressive rally, trading at R15.92 against the US dollar, as international oil prices decline. With crucial economic data from the US on the…