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Kganyago To Speak In Parliament

SOUTH AFRICA
  • The Ad Hoc Committee to Nominate a Person for Appointment as Public Protector recommended Kholeka Gcaleka to become the next Public Prosecutor, despite a pushback from main opposition parties.
  • South Africa's M3 money supply rose 9.30% Y/Y in July, missing the +10.75% median estimate in a Bloomberg survey. Private sector credit rose 5.87% Y/Y, falling short of the +6.21% consensus forecast.
  • South Africa's monthly budget balance will cross the wires at 13:00BST/14:00SAST (median est. -ZAR115.5bn).
  • Elsewhere, SARB Governor Lesetja Kganyago and his deputies will present the SARB and the Prudential Authority's 2022-23 annual reports at 09:00BST/10:00SAST.

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