Davos 2025: SARB’s Kganyago Sees Donald Trump’s Policies as Inflationary

South African Reserve Bank Governor Lesetja Kganyago discusses policies announced by US President Donald Trump’s government and says protectionist actions are negative for global trade. "The measures taken could lead to a fragmentation in terms of the global economy," Kganyago tells Bloomberg’s Joumanna Bercetche. He also discusses South Africa’s inflation risks and the nation’s gross domestic product growth outlook. Kganyago speaks on Bloomberg Television at the World Economic Forum’s annual meeting in Davos, Switzerland.

00:00 – Donald Trump’s policies could be inflationary, SARB Governor says
01:53 – South Africa Reserve Bank governor on centrla banks rate decisions, inflation
02:45 – Kganyago on Federal Reserve’s impact on SARB’s decisions, economy
03:36 – SARB’s Kganyago on inflation risks, electricity, fuel, food prices risks
05:48 – South Africa Reserve Bank’s Kganyago on SA growth outlook
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