SA won't recover from Covid for at least 4 years - OECD; SARB governor protests school racism

Posted on 05/31/2021

In today'S headlines:
* South Africa has tightened up measures aimed at curbing the spread of Covid-19.
* South Africa, forecast to have one of the slowest economic recoveries in the world, is unlikely to recover before 2025, according to the to the Organisation for Economic Co-operation and Development.
* In markets from South Africa to Mexico and South Korea, traders are penciling in a faster pace of interest-rate hikes than what economists say is currently warranted based on the inflation outlook.
* South Africa’s central bank governor has entered the fray over pupil diversity at schools.