
The South African Reserve Bank (SARB) has hiked the interest rate by another 75 basis points. The repo rate will now increase to 6.25%, and the prime rate to 9.75%, from 9%. This is like pulling the handbrake on the…
The South African Reserve Bank (SARB) has hiked the interest rate by another 75 basis points. The repo rate will now increase to 6.25%, and the prime rate to 9.75%, from 9%. This is like pulling the handbrake on the…