Daily Maverick
Africa · 2 hrs ago
✦ 72← Left
Is South Africa sacrificing growth and jobs at the altar of inflation targeting?
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Quality 72/100
Partisan intensity 62/100
ObjectivePartisan
← Left ✓ Fair headline
The article argues that South Africa's Reserve Bank has prioritised inflation control over economic growth and job creation, potentially violating its constitutional mandate to support balanced and sustainable development.
Is South Africa sacrificing growth and jobs at the altar of inflation targeting?
The Reserve Bank in the past decade has focused on the narrow disinflation objective to the neglect of the constitutional injunction to support balanced and sustainable growth.
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