· Lesetja Kganyago Wiki · South African Reserve Bank WikiIntroductory remarks - Witwatersrand dialogue
Read full speech on bis.org ↗ContextIntroductory remarks by Lesetja Kganyago, Governor of the South African Reserve Bank, at the Witwatersrand dialogue, Johannesburg, 16 March 2023.
Why it mattersKganyago discusses how fragile supply chains challenged low-inflation beliefs.
Problems raised
- The pandemic challenged low inflation beliefs.
- Supply chains proved fragile.
- Costs rose in key industries.
Solutions proposed
- Discuss inflation dynamics openly.
- Strengthen supply chain resilience.
- Keep inflation under control.