- SA fears oil and food inflation shocks from Middle East tensions
- Reserve Bank warns global debt imbalances threaten emerging market recovery
PRETORIA, SOUTH AFRICA — South Africa’s economic recovery is facing mounting threats from escalating geopolitical tensions and dangerous global debt imbalances, Reserve Bank Governor Lesetja Kganyago has warned.
Speaking at a public lecture at Rhodes University, Kganyago said recent gains made by Africa’s most industrialised economy risk being undermined by renewed instability linked to the Iran-Israel-United States conflict and widening global financial vulnerabilities.
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