WATCH: IMF's Lagarde says state capture inquiry good for SA

International Monetary Fund head Christine Lagarde is in town. She is holding a joint briefing Reserve Bank. Courtesy #DStv403

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JOHANNESBURG - International Monetary Fund head Christine Lagarde says she is positive about South Africa's economic prospects.

She is in South Africa and she has held a meeting with South Africa's economic team to discuss the government's reform agenda and measures to boost growth and job creation. 

The IMF leader held a joint briefing Reserve Bank governor Lesetja Kganyago and said President Cyril Ramaphosa's approach to state capture was good for the country.

READ: IMF report says optimism in SA economy fading  

Weak growth remains South Africa’s fundamental economic problem.

READ: Mboweni calls for debt action to avoid IMF 

Lagarde’s IMF has warned that optimism after Ramaphosa's election has dissipated, leaving growth stuck in low gear.

The IMF head comes to South Africa weeks after the global lender released a report with warning flags for the country.

Source
eNCA