Load shedding continues to hamper economic growth: Reserve Bank - SABC News

The Reserve Bank says load shedding is negatively affecting economic growth.

Reserve Bank governor Lesetja Kganyago🔊 Listen to thisIn its latest Monetary Policy Review the Reserve Bank notes that low commodity prices, load shedding and logistics constraints continue to undermine economic growth domestically.

The Monetary Policy Review seeks to outline all the challenges considered by the Monetary Policy Committee when making decisions on interest rates. “Since we last met in 2023, the main challenge facing the global economy has not changed much, suffice to say many of the risks that we had identified are beginning to materialise, important inflation which was seen as a huge policy challenge at least for central banks is very much still with us. It remains the overarching policy challenge today,” says Reserve Bank Governor Lesestja Kganyago.

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