While load-shedding has eased it still remains a threat to economic growth
23 November 2023 - 15:12
Photo Business Day
UPDATED 23 November 2023 - 15:46
by Andrew Linder
While keeping the repo rate at 8.25% in a unanimous decision, the Reserve Bank has struck a hawkish tone after October’s consumer inflation surprised to the upside.
Making the announcement on Thursday Bank governor Lesetja Kganyago highlighted the risks associated with inflation, which has been sticky of late, after the reading for last month came in at 5.9%, higher than an expected 5.6%...
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