SARB: Inflation is “uncomfortably high”

Comment on this story
Daniel Mminele Independent Newspapers South African Reserve Bank Deputy Governor Daniel Mminele. Photo: Simphiwe Mbokazi.

Pretoria - South Africa's deputy central bank governor Daniel Mminele said on Tuesday that inflation was “uncomfortably high” and could increase further.

Mminele added that monetary policy faced an increasingly challenging environment and interest rates would need to normalise in due course, but he gave no specific timeframe. - Reuters

sign up

Comment Guidelines

  1. Please read our comment guidelines.
  2. Login and register, if you haven’ t already.
  3. Write your comment in the block below and click (Post As)
  4. Has a comment offended you? Hover your mouse over the comment and wait until a small triangle appears on the right-hand side. Click triangle () and select "Flag as inappropriate". Our moderators will take action if need be.

  5. Verified email addresses: All users on Independent Media news sites are now required to have a verified email address before being allowed to comment on articles. You are only required to verify your email address once to have full access to commenting on articles. For more information please read our comment guidelines