'SA economy will be stronger, less turbulent than 2016'

Reserve Bank Governor Lesetja Kganyago says this is going to be a better year because SA's economy withstood the test of 2016.

Reserve Bank Governor Lesetja Kganyago attends the 2017 World Economic Forum in Davos, Switzerland. Picture: Renart Toerien/EWN.

DAVOS - Reserve Bank Governor Lesetja Kganyago says he agrees with Deputy President Cyril Ramaphosa that our economy will be stronger and less turbulent than last year.

Ramaphosa made the comments during the World Economic Forum meeting in Davos.

Kganyago says this is going to be a better year because our economy withstood the test of last year.

“I think that 2016 was the biggest test of the institutions of our democracy and the institutions of our democracy demonstrate that they could withstand the shock that they had been subjected to.”

He also says he agrees with Chinese President Xi Jinping who told the forum on Tuesday that globalisation must not stop and cannot be blamed for the world's problems.

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(Edited by Neo Koza)