WATCH: More to gain than lose with 3% inflation target — economist

The SA Reserve Bank’s recently announced 3% inflation target has sparked debate and set the finance ministry and the central bank at odds. While Bank governor Lesetja Kganyago has sought to calm concerns, many economists argue there’s more to gain than lose by lowering the target. Business Day TV spoke to Kevin Lings, chief economist at Stanlib, about what this could mean for both policymakers and the wider economy.