African Faces

S.African economy faces turbulence: central bank’s Kganyago

South Africa’s economy faces a turbulent time as the prospect of rising U.S. interest rates and a slowing Chinese economy complicate policy-making, Reserve Bank Governor Lesetja Kganyago said on Tuesday. Speaking at the Reuters Economist of the Year event, Kganyago said China’s devaluation of its currency to stem an economic …

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