Author: Isaah Mhlanga

Since the recovery from the effects of covid-19 started up until the end of July this year, the major economic debates centred around Russia’s war in Ukraine and its impact on food and energy prices, all of which folded into the debate about how tight, aggressive and damaging monetary policy is for an economy that is still recovering from the impact of the pandemic. Diplomatic tensions with the US rose as well, increasing the cost that South Africa pays to borrow from bond markets. For the large part, South African monetary policymakers have won the war on inflation, thanks to…