Kganyago says rand helping cushion SA from shocks
South African Reserve Bank Governor Lesetja Kganyago said the rand has held up well despite the shock caused by the Iran war, reflecting more confidence in the country’s economic outlook.
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South African Reserve Bank Governor Lesetja Kganyago said the rand has held up well despite the shock caused by the Iran war, reflecting more confidence in the country’s economic outlook.
PSG Financial Services delivered an uncharacteristically modest rise in half-year earnings growth during a period that coincided almost perfectly with the war in Iran and its fallout.
Eight months into the war, the buffers that helped absorb the initial energy shock – most notably onshore crude oil stockpiles – are wearing dangerously thin, says Ron Busso.