South Africa needs to press ‘reset button’ in 2018 – Mminele

Economy floundered after political instability harmed investor confidence

Daniel Mminele
Daniel Mminele, South African Reserve Bank

South Africa failed to fully take advantage of the global cyclical upswing which occurred in 2017, a deputy governor from the nation’s central bank has said.

Speaking in Germany, Daniel Mminele said the country had faced a “particularly challenging” domestic environment last year, which had “negatively” affected business and consumer confidence.

As a result, growth hardly materialised even as the rest of the world appeared to take advantage of the “relatively benign” global backdrop, where a

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.