South African Reserve Bank Governor Lesetja Kganyago speaks on Bloomberg Television about the central bank’s new 3% inflation target. "There is a print that is coming out later today we expect to be a slight uptick to 3.6% — but throughout the year the prints that we expect for each month is that they will all have a 3% handle," Kganyago told Bloomberg’s Joumanna Bercetche in Davos, Switzerland. Kganyago also talks about the outlook for interest rates and the significance of central bank independence and the Federal Reserve.
00:00 – Macro outlook for South Africa amid global uncertainty
02:14 – South Africa growth outlook for 2026
03:10 – Inflation, South African economy
04:13 – Outlook for interest rates
05:20 – Federal Reserve, impact on SARB’s decisions
06:08 – Central bank independence
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