Pretoria – Equity flows seek growth and South Africa has to boost its growth in order to attract these flows, said Reserve Bank governor, Lesetja Kganyago.
Kganyago was speaking at the Monetary Policy Forum held at the South African Reserve bank (Sarb) offices in Pretoria on Monday night. The second edition of the Monetary Policy Review for 2016 was issued by the Sarb on Monday.
“Equity flows and bond flows react to different things,” he explained. Where equity flows are attracted by growth, bond flows follow yields, he said.