JOHANNESBURG - Finance Minister Enoch Godongwana says progress is being made on the proposed lower inflation target but he cautions against rushing the process.
WATCH: Discussion | SARB decreases interest rates by 25 basis points
The latest Merchantec CEO Confidence Index for the second quarter of this year was released on Wednesday.
It shows that 75% of South Africa’s CEOs are in favour of the Reserve Bank’s proposal to lower the inflation target.
- Myles Waldeck, from Merchantec discussed this with eNCA.