Yesterday, the South African Reserve Bank made the outrageous decision to raise the repo rate by 50 basis points, up to 7.75%, marking the ninth consecutive increase since November 2021. This is a deeply regressive decision. It will further pull…
Yesterday, the South African Reserve Bank made the outrageous decision to raise the repo rate by 50 basis points, up to 7.75%, marking the ninth consecutive increase since November 2021. This is a deeply regressive decision. It will further pull…