South Africa's Central Bank to Monitor Data Amid Global Uncertainty

South Africa's central bank governor, Lesetja Kganyago, announced that policymakers will closely observe economic data to inform their upcoming rate decision. Bloomberg posted on X, highlighting that the ongoing conflict involving Iran is contributing to inflationary pressures and increasing global uncertainty. Kganyago emphasized the importance of careful analysis in navigating these challenges, as the central bank aims to maintain economic stability in the face of geopolitical tensions.