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WATCH: SA Reserve Bank hikes interest rates | IOL Business Report

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The SARB Governor Lesetja Kganyago announced that the interest rate for SA would be increased by 25 basis points. RepoRate

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 /  🏆 46. in AU
 

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Sell Out KganyagoLesetja Now I have to put all my money in the Money Market to take advantage of the increase in Reporate

Maybe the SARB nationalisation talk must kick in, these people have no 💓

Reserve Bank tricks consumers to spend via credit by reducing interest rates and as a result of the lowered interest rate, savings decline, while consumption and investment go up, setting into motion an economic boom. However, this boom turns into bust because of SARB

yeses uNyusizinto at it again 😢😢😢ngidisemba! Saze salamba bo!

😳😟

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SA Reserve Bank keeps interest rates unchanged | IOL Business ReportThe South African Reserve Bank announced on Thursday that the interest rates for South Africa will remain unchanged.
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