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NEWS-STORY: SARB and Treasury Align on Lower Inflation Target,
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The South African Reserve Bank and National Treasury agree on lowering the country’s inflation target, though the timing is still under discussion. SARB Governor Lesetja Kganyago says a lower target will enhance economic competitiveness, reduce borrowing costs, and support a stronger rand. We speak to economist Stephen Mantsho on what this alignment means for the economy and ordinary South Africans.
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