As expected, South Africa lowers inflation target to 3%
[Engineering News - South Africa] - 12/11/2025
As anticipated, Finance Minister Enoch Godongwana confirmed a lowering of South Africa's inflation target to 3%, with a 1 percentage point tolerance band on either side, in his Medium-Term Budget Policy Statement (MTBPS). At one point, the Minister had appeared to be at odds with Reserve Bank (…)
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