South Africa’s central bank Governor Lesetja Kganyago looks on next to finance minister Tito Mboweni as they attend an event to launch a commemorative coin, in Johannesburg, South Africa, June 5, 2019. southafricnews/Mfuneko Toyana/File Photo

JOHANNESBURG (southafricnews) – Growth in private sector credit in South Africa slowed to 6.60% year-on-year in November from 7.28% in the previous month, central bank data showed on Tuesday.

Expansion in the broadly defined M3 measure of money supply quickened, to 7.35% in November from 7.28% in October.

Reporting by Mfuneko Toyana; Editing by Kim Coghill

By admin

Leave a Reply

Your email address will not be published. Required fields are marked *