
Johann Els
Johann Els is the chief economist at PSG Financial Services, known for his insights into South Africa's economic landscape. He recently commented on the South African Reserve Bank's decision to keep interest rates unchanged, highlighting the bank's forward-looking approach and its focus on future inflation trends rather than current rates.
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Johann Els, chief economist at PSG Financial Services, described the MPC statement as 'far less hawkish' than he had expected.
SARB keeps interest rates unchanged as economists weigh inflation and growth risksMail & Guardian·
South Africa· 2026-07-23



