South Africa 'resilient and robust' in face of Brexit

Will Green is news editor of Supply Management
30 June 2016

South Africa is “well-placed” to cope with any fall-out from the UK’s decision to quit the EU, according the country’s central bank.

In a speech to an investor conference in London today, Francois Groepe, deputy governor of the South Africa Reserve Bank, said the continent was experiencing “a high degree of market uncertainty, particularly following the decision of the of the United Kingdom to leave the European Union”.

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