In its monetary policy review documents, the central bank says state capture, together with load-shedding, is having a grave impact.
In its monetary policy review documents, the central bank says state capture, together withAccording to the Reserve Bank, if load-shedding continues, it may wipe out almost all economic growth this year.Reserve Bank governor Lesetja Kganyago says the central bank can't be expected to bail out ailing state-owned companies like Eskom.
“You are asking us to print money, that means you have flooded money into the economy and the consequences are too ghastly to contemplate,” said Reserve Bank Governor Lesetja Kganyago.
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