Elna Moolman Quotations

Buoyant spending and borrowing have not yet been inflationary, and will not necessarily become inflationary, partly because of relatively low global inflation and strong price competition from imports.

The rand weakened during February, which is expected to have limited the Bank's accumulation of foreign exchange reserves during the month.

This will put upward pressure on both month-on-month and year-on-year inflation this month.

Economic growth will still stay strong ... but the manufacturing sector will not help.