The SA Reserve Bank raised interest rates for a sixth meeting running as it moved to protect the weakened rand and stabilise inflation.
At the end of its three-day meeting on Thursday, the monetary policy committee lifted the repo rate by 75 basis points to 6.25% as predicted by 12 of 20 economists surveyed by Reuters, with the rest expecting a 50bps increase...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
Where are the people who were advising people to buy properties during lockdown? Lol look now👀
The portrait of an incompetent buffoon, terribly insensitive to the plight of its poverty stricken population, a defender of African oppression. Keep enriching greedy slave masters and smile with fat paychecks, a disgrace to your own people.
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What is the new prime rate now?
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