South African Reserve Bank Governor Lesetja Kganyago has stated that the review of the country's inflation target is almost finished.

The review process, conducted in collaboration with the Treasury, is reaching its conclusion, although no specific timeline has been provided due to the extensive debates involved.

Once the review is completed, the Reserve Bank will announce the new inflation target, regardless of the outcome.

This development is significant for financial markets and economic policy in South Africa, as it may impact future monetary policy decisions.